Daily Bear
Looks like we've completed wave B up and need to go down towards .618 retracement of A at which point, I 'll expect a reversal to the upside.
This is a short term short - entry 1.1406 - followed the 1212 stradegy with entry at .618 retrace of the 2nd 1 2
stop is 114.25
TP is 113.15
Looks like we've completed wave B up and need to go down towards .618 retracement of A at which point, I 'll expect a reversal to the upside.
This is a short term short - entry 1.1406 - followed the 1212 stradegy with entry at .618 retrace of the 2nd 1 2
stop is 114.25
TP is 113.15
Note
posting ALT count here. I still see this as a correction however its possible it becomes more complex within a WXY with rumors going around that Feds might loosen policy in 2019Trade closed: stop reached
Pulled my stop closer because the alt count could be playing out. Should have just set it to break even instead of losing 6 pipsTrade active
Moved stop to 11345 it looks like it's impulsing down into my buy zone so I wanna exit trade if it spikes back up and possibly longTrade closed manually
Stopped out at 15 minute candle break to the upside. Reversed position and longed it in anticipation of wave c upTrade closed manually
Closed the long at break even. Im going to wait for more signs that price will reverse before going longTrade closed: target reached
The rentry short resulted in 90 pip profit - nice trade
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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.