Hi,
A possible reversal area (blue box) consists of:
1. Daily EMA200
2. Fibonacci Extension
3. AB=CD
4. 2014 High
5. 2009 Low
6. Different trendlines
7. Channel projection
8*. Wait for a bearish candlestick pattern inside the box or after the touch.
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Do your own research and if this matching with mine then you are ready to go!
Good luck,
Vaido
A possible reversal area (blue box) consists of:
1. Daily EMA200
2. Fibonacci Extension
3. AB=CD
4. 2014 High
5. 2009 Low
6. Different trendlines
7. Channel projection
8*. Wait for a bearish candlestick pattern inside the box or after the touch.
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Do your own research and if this matching with mine then you are ready to go!
Good luck,
Vaido
Trade closed: target reached:
Inside the area was a bearish Engulfing and Evening Star.
Target reached perfectly:
Regards!
Target reached perfectly:
