1. decending triangle after the third impulse wave. (elliot waves)
2. Support is strong at 0.65 fib level, only been touched twice since it turned to support from resistance.
important: reduce the stoploss in order to obtain a risk reward ratio of 2-2.5
2. Support is strong at 0.65 fib level, only been touched twice since it turned to support from resistance.
important: reduce the stoploss in order to obtain a risk reward ratio of 2-2.5
Trade fermée manuellement:
moving sideways like that from a descending triangle is not a good sign.