FTT59
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Hi
The trade of the week
On the higher TFs, we have a bullish wave 3 with a pin bar at the top. So this one is gonna be a contretrend trade! On H1, we have a wave 3 with 1- 2 move, we place a PO below the box as there is no fractal on the left to stop the price to drop. The price breaks nicely the Box and we exit the next day as the prices breaks the upper level of the box for +140 pips which is nearly +3% Profit with our initial risk at 48 pips.
the video of the trade
Cheers
The trade of the week
On the higher TFs, we have a bullish wave 3 with a pin bar at the top. So this one is gonna be a contretrend trade! On H1, we have a wave 3 with 1- 2 move, we place a PO below the box as there is no fractal on the left to stop the price to drop. The price breaks nicely the Box and we exit the next day as the prices breaks the upper level of the box for +140 pips which is nearly +3% Profit with our initial risk at 48 pips.
the video of the trade