Missed Idea shark pattern AUDJPY short setup

Atualizado
The same applies every time I look for entries with that shark pattern, I first look for an ABC PATTERN. Then set the fib tool to identify pull backs.. sit and wait for the market to give me a signal and take the trade.

I've passed funded accounts with this method and still doing it. i usually aim for a 1:2 or 1:8 RR it really depends
Nota
This would have been a decent trade to take, as predicted that pop back into my D zone for more entries short based on price action.

This pair is respectful of my strategy, and that is what you want.
Nota
when price starts to consolidate around (B) zone this could be a make or break long or short.

however in this case as (C) is take profit ill be seeking short entries risk reward 1:2/3
Nota
well, that was a long and boring trade... but due to FOMC I would be closing positions..
Ordem cancelada
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Aviso legal