A beatiful set up,i gotta say one of the must accurate set ups are the ones on the weekly and monthly timeframe if the proper criteria lines up and this is one of them,here we got the following confirmations:
1.Price has formed a weekly triple top
2.Reached maximum history high that has been respected in the past years
3.End of a bullish 3rd structure and impulse
So i would love to see a bearish reverse pattern to confirm this and short it for 1 or 2 months to 25500 area
1.Price has formed a weekly triple top
2.Reached maximum history high that has been respected in the past years
3.End of a bullish 3rd structure and impulse
So i would love to see a bearish reverse pattern to confirm this and short it for 1 or 2 months to 25500 area
Trade active:
US30 (SUPER SWING)
SELL @ 26469 - IDEAL 26700
TP 1 26200
TP 2 25857
TP 3 25500
TP 4 2500
SL 27000
IM PLANNIGN TO HODL THISTRADE 1 OR 2 MONTHS SO PROEPR RISK MAANGMENT
SELL @ 26469 - IDEAL 26700
TP 1 26200
TP 2 25857
TP 3 25500
TP 4 2500
SL 27000
IM PLANNIGN TO HODL THISTRADE 1 OR 2 MONTHS SO PROEPR RISK MAANGMENT
Trade closed: target reached:
+970 pips