This is a weekly chart with price making a "dark cloud cover" pattern, that's what it's called.

Weekly chart, we have seen the 50% fib retracement already, 2:1 looks like a tight one, but good for a bounce atleast, I would assume.

1% Risk. 2:1RR
עסקה פעילה
70 pips into profit. Let's see what the coming days offer.
עסקה פעילה
Took a little while, it was a weekly chart after all. Off we go!
עסקה פעילה
It's a weekly chart! takes some time.
העסקה בוטלה באופן ידני
There you go, trading a weekly chart.. took...surprisingly.. weeks.
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MattArmstrong
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.

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