The bearish AB=CD pattern has completed at 17.4 level and the 1.618REXT of B-C is at 17.38 level.
Meanwhile a resistance also works at 17.4 level.
Additionally, the RSI has been divergent already.
So it is good to sell at 17.3-17.4 levels when the price pulls it back.
SL: above 17.6
TP1: 16.9
TP2: 16.5 and further more
Meanwhile a resistance also works at 17.4 level.
Additionally, the RSI has been divergent already.
So it is good to sell at 17.3-17.4 levels when the price pulls it back.
SL: above 17.6
TP1: 16.9
TP2: 16.5 and further more
交易進行
交易結束:達到停損點:
The market just hit the TP1 and reversed, 40 pips were taken at most.