After the bearish wedge completed its final form last night a new pattern has shown with a bearish pennant. Perfect for scalp traders. I personally will be entering this trade when it reaches my sell limit for possibly 4 pips and moving my sl if the trend continues downwards.
Operación activa
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in profit 2 pips (:
Operación cerrada manualmente
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Trade closed 5 pips profit. Will wait for breakout for re-entry.
Operación activa
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breakout for bottom side active. holding long for maybe 14pips.
@ragy_rezkallah, I'm just going by the chart pattern and technical analysis. It's a bearish pattern. I scalp on the 1 min. for the moment it looks bearish.