Looking at the chart we have indetified two bearish bat patterns with their D point extremely close. Price is in a corrective structure having already formed four of five wxyxz pattern. I believe that these patterns will be the reason in order to have the completion of z wave.
I will enter with 3 position this setup. If price reaches the first target i will move stoploss to breakeven to the other two.
Like and comment if you agree,
John.
I will enter with 3 position this setup. If price reaches the first target i will move stoploss to breakeven to the other two.
Like and comment if you agree,
John.
Trade active
Trade closed: stop reached