This is a thought trade within a falling wedge, where we expect a structural downward movement to the bottom of the wedge.
Tight SL and target price down at both the wedge bottom, 113% fibonacci extension of previous bearish leg as well as previous structure.
Provides a good R: R ratio.
Tight SL and target price down at both the wedge bottom, 113% fibonacci extension of previous bearish leg as well as previous structure.
Provides a good R: R ratio.
Henrik Siverhall
SMC Trading
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SMC Trading
Är du intresserad av vårt mentorskap - "Basic" och "Avancerad" mentoring.
smctrading.se
Sveriges största FB grupp för nybörjare
bit.ly/ptse-fb-basic