Depending on how you trade and the criteria in your trading plan, this could be a potential short at the 61.8%
For me personally i would need the following to trade:
- Double Top
- Break of structure
- 61.8% retracement
- Stop loss above double top
- Target 1 at 38.2% Retracement
In my trading plan i would have needed to see a break of previous support before i see a 2618 trade.
Good luck.
For me personally i would need the following to trade:
- Double Top
- Break of structure
- 61.8% retracement
- Stop loss above double top
- Target 1 at 38.2% Retracement
In my trading plan i would have needed to see a break of previous support before i see a 2618 trade.
Good luck.