Overextension to the upside shown by price action and my indicator.
Simple setup, good Risk to Reward.
Stop above the resistance trend line. Take profit when the move to the downside has been completed...
:)
Hello traders,
Potential advanced pattern formation on the 4H. This trade has a good risk / reward profile. Stop-loss at 113 retracement and targets at 386 and 618 retracements of C-D leg.
Enjoy !
