Always looking for a pattern, mainly to define risk and to anticipate a Take Profit Target.
If you got stuck in a short due to a breakout and then we see a deep retrace. We could be looking for the classic AB=CD pattern.
I always trade a RRR of 1:2 , so this AB=CD would not meet my TP target.
If you got stuck in a short due to a breakout and then we see a deep retrace. We could be looking for the classic AB=CD pattern.
I always trade a RRR of 1:2 , so this AB=CD would not meet my TP target.
Commentaire:
AB=CD target reached
Trade fermée: cible de profit atteinte
Idées en relation
![Macrobriefing](https://s3.tradingview.com/userpics/25599030-oezo.png)
AB=CD Pattern
Macrobriefing
about GBPJPY