Hello everyone
* Expanding flat is being formed currently.
* The impulsive wave (1AW) shows the beginning of an uptrend.
* The correction is incomplete until wave C is formed (shown with white line)
* MACD divergence
Entry: CMP
STOP LOSS: 0.62093
TAKE PROFIT: 0.64380
Trade with care.
Note: Focus on losing 1% on a trade only or split it into two trades (0.50% risk on each).
i.e. If the first trade is a loss, enter with another one when your strategy gives you a chance to do so.
* Expanding flat is being formed currently.
* The impulsive wave (1AW) shows the beginning of an uptrend.
* The correction is incomplete until wave C is formed (shown with white line)
* MACD divergence
Entry: CMP
STOP LOSS: 0.62093
TAKE PROFIT: 0.64380
Trade with care.
Note: Focus on losing 1% on a trade only or split it into two trades (0.50% risk on each).
i.e. If the first trade is a loss, enter with another one when your strategy gives you a chance to do so.
Trade active
2R gained. Trade closedDisclaimer
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.
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.