Hello Traders
1. A complete expanding triangle has been formed
2. Unmitigated gap 1.81518
3. Impulsive move reaction from E wave needs to react and move towards the Gap to complete the structure.
4. Engulfing candle in the 15 min TF OR 61.8% fib retracement of E wave
Strategy: Engulfing candle 15 min/FIBONACCI retracement
Entry: 1.80660
Stop loss: 1.80400
Take Profit: 1.8500
1. A complete expanding triangle has been formed
2. Unmitigated gap 1.81518
3. Impulsive move reaction from E wave needs to react and move towards the Gap to complete the structure.
4. Engulfing candle in the 15 min TF OR 61.8% fib retracement of E wave
Strategy: Engulfing candle 15 min/FIBONACCI retracement
Entry: 1.80660
Stop loss: 1.80400
Take Profit: 1.8500
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.
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.