here is a trade idea that is a continuation of my previous idea. The idea will be invalidated if Wave 5 high breaks (Stoploss), I can see the market going down from here into at least the 3800 range!
Feel free to take a look at my macro analysis for a broader understanding of the market structure.
Right now in the 15 minute, a head and shoulder pattern formed with a broken neckline, which was my entry for the trade. My target is in the 4100-4100 region, with a lower target in the 3850 region.
The FOMC meeting on Wednesday at 2:00 will probably cause a huge spike to the upside to destroy shorts and then it will resume the downward trend in my opinion.
Comment you feedback I love to learn and answer questions!
Feel free to take a look at my macro analysis for a broader understanding of the market structure.
Right now in the 15 minute, a head and shoulder pattern formed with a broken neckline, which was my entry for the trade. My target is in the 4100-4100 region, with a lower target in the 3850 region.
The FOMC meeting on Wednesday at 2:00 will probably cause a huge spike to the upside to destroy shorts and then it will resume the downward trend in my opinion.
Comment you feedback I love to learn and answer questions!
Dagangan ditutup: sasaran tercapai
This trade went exactly as planned, now I am looking for further shorting opportunities after ABC retracement, into supply zone.I am also waiting for FOMC meeting at 2:00 Wednesday, for a big move
Dagangan ditutup: sasaran tercapai
Target reached, great R:R play, Follow and like for more!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.