Not the best entry point, because I missed it, but still a good setup to trade!
Keep in mind do adjust your position sice to your account sice!! Never risk more than 5%!!
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Target one Hit!
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Target two got hit! Wondeful trade we are making much money!
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And please put your stop to break even!!!
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Target three got hit!
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HyperJesus
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market broke through the lower blue box so everything is fine...
HyperJesus
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Market right now gives us bullish candle signals!
So if market fails to break too the lower blue box and instead breaks thorugh our resistance level this short trade is invalid and you have to take your stop loss manually!
HyperJesus
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But market just formed up a bearish Butterfly Pattern so till now we have a bearish confirmation for our AB=CD setup!
HyperJesus
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If market overshoots the resistancelevel, it would give us a signal that the market is likely to go higher!!
market broke through the lower blue box so everything is fine...