Franc/yen forming a bullish AB=CD
with a risk reward ratio of 1:3.5 , this is a trade i have planned to take...
Will execute the short just after the 0.382 level at 0.5 level with stoploss at the formed, will cover at 0.886 level , although waiting for a longer period may favor more risk reward ration but i think 0.886 is my sweetest spot for reversal in any predicting trend within a format which is not yet complete...
Will execute the short just after the 0.382 level at 0.5 level with stoploss at the formed, will cover at 0.886 level , although waiting for a longer period may favor more risk reward ration but i think 0.886 is my sweetest spot for reversal in any predicting trend within a format which is not yet complete...
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