Falcon Student - Short GBPJPY
Entered this risk entry trade at 144.794 with a 35 pip stop above the structure.
Confluence Factors:
- Price is in a corrective phase from an impulse down.
- Price has touched the upper trendline for the 3rd time.
- Price has approached this 3rd touch with an ascending structure.
- Potential evening star has been formed on the 4HR Chart.
Target 1 is a the bottom of the structure with a RR of 10.65.
If price breakes this structure impulsively I will be looking for the larger double bottom at 124.637.
Confluence Factors:
- Price is in a corrective phase from an impulse down.
- Price has touched the upper trendline for the 3rd time.
- Price has approached this 3rd touch with an ascending structure.
- Potential evening star has been formed on the 4HR Chart.
Target 1 is a the bottom of the structure with a RR of 10.65.
If price breakes this structure impulsively I will be looking for the larger double bottom at 124.637.
Note
Stop has been moved to BE
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.