2618 Strategy Trading Setup
Criteria:
1) Double Top
2) Break of structure (neckline) to the downside
3) 61.8% retracement of AB leg
4) SELL order at C point
SL:
5-10 pips above DT
TP:
1) next structure level, probably where B is pointed
2) 1.272% extension of AB leg
With regards,
Michail Sideris
Criteria:
1) Double Top
2) Break of structure (neckline) to the downside
3) 61.8% retracement of AB leg
4) SELL order at C point
SL:
5-10 pips above DT
TP:
1) next structure level, probably where B is pointed
2) 1.272% extension of AB leg
With regards,
Michail Sideris
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