Lovely trade opportunity presented by CJ for the upcoming week or two. Price has broken above a resistance zone and seems to be creating a
complex corrective structure to make it to a possible 61.8% fib retracement of the previous bearish impulse. The interesting aspect of this
analysis for me is the 5th wave truncation of the 5 wave impulse before the correction structure. It's always nice to see the market create
rare setups, makes you want to learn more about where it's going in the future.
Targets:
-80.000
-80.300
-80.900
Let me know what you think of CJ's behavior going forward, I would love to hear your perspective and build from there. Please like
and share and let's all grow and learn. Have a blessed trading week ahead.
complex corrective structure to make it to a possible 61.8% fib retracement of the previous bearish impulse. The interesting aspect of this
analysis for me is the 5th wave truncation of the 5 wave impulse before the correction structure. It's always nice to see the market create
rare setups, makes you want to learn more about where it's going in the future.
Targets:
-80.000
-80.300
-80.900
Let me know what you think of CJ's behavior going forward, I would love to hear your perspective and build from there. Please like
and share and let's all grow and learn. Have a blessed trading week ahead.
Trade active
SL Moved to break even
Trade closed: target reached
Target 1 hitNote
Trade closed: target reached
Target 2 hit
Trade closed: target reached
Target 3 hit
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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.