USDBRL short entry [Just an idea] Short

U.S. DOLLAR / BRAZILIAN REALICE

Description

⋅ Aug 24, 2016 4:28 PM

Hi traders,

On the USDBRL daily chart I'm looking at a potential bearish entry at the retest of the trendline. This area lines up with the completion of the AB=CD pattern and the 38.2% Fibonacci retracement.
Entry: 3.3228
Stop: 3.3960
Target: 3.1898 = R:RR 1.82

Good luck! Updates will follow.

Trade active

⋅ Sep 14, 2016 1:14 PM

Trade closed: target reached

⋅ Sep 22, 2016 5:41 PM