USDNOK - Watching this Bearish Crab in the 4h timeframe

Interesting bearish crab in the 4h timeframe for USDNOK
Watching it closely.
8.70 area provide good resistance, if bear start to sell i will enter.
T1 is @ 8.56
T2 is @ 8.43
will keep time for this, on my main WL
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Giao dịch đang hoạt động:

bears start enter, stop just over D point

Bình luận:

Over 40 pips away from the entry, taking a part out, and SL @ BE, looking for continuation.

Bình luận:

Stopped out and re-entered @ 8.70
My stop loss is not far @ 8.70870
Pattern still intact and acting well

Bình luận:

8.65 is the real support to beat, if you trace a fib on this swing you will see that is also the the 23.5 level , so under we can have a flush.
Trail it, if happens!

Bình luận:

Patient pay.
Taking again some profit @8.628 and trailing my stop on profit, that is what you should do too, 70 pips from my entry.

Bình luận:

Another piece out at 8.61 over 93 pips away from my entry, no mater what , i'm trailing my stop in profit 10 pips.
Last 2 parts are for T1 @ 8.56 but will revaluate there if is case to leave one part for T2 , can be a long run, maybe too long.

Bình luận:

Stopped out in profit, well managed trade.
Under 8.70420 i'm inclined to short it again,