A quick little scalp trade to the downside. This would technically be called a "Bearish Pennant". Price has reacted at the 50% Fib level on the daily, and on the 4 hour. Risk management and quick stops to protect ourselves. .5% Risk 2:1 RR - Happy Trading!
Note
wow.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.