Reveres cup and handle forming, SMA cross, bearish triangle forming, below 200 SMA down trend, in Ichimoku Turbulence, right on 50% fib.
Play: Enter short on break of triangle for 5%, TP at 5%, SL risk set just above the triangle. If we break out top of triangle this trade play would be considered obsolete.
Play: Enter short on break of triangle for 5%, TP at 5%, SL risk set just above the triangle. If we break out top of triangle this trade play would be considered obsolete.
Transakcja zakończona: osiągnięto poziom stop:
Trade was never triggerd....... boo hooo it would of been a good one :)
Komentarz:
its looking like a long setup might be coming soon, we are smashing out of the bearish setup and heading to above the 200SMA to signal bull trend.