How I trade Break and Retest Pattern
Hey my follower
The price here broke the trendline (Ascending Trendline/Uptrending Trendline) and now it's going to give us a retest before continuing with a bearish move heading for our first critical horizontal level which we highlighted on the Weekly TF.
The aim of this trend is to give us a 50%_61.8% Fibonacci correction of the previous Bullish structure.
I hope it helps you with your strategy.
Cheers
The price here broke the trendline (Ascending Trendline/Uptrending Trendline) and now it's going to give us a retest before continuing with a bearish move heading for our first critical horizontal level which we highlighted on the Weekly TF.
The aim of this trend is to give us a 50%_61.8% Fibonacci correction of the previous Bullish structure.
I hope it helps you with your strategy.
Cheers
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.