Last Update in this Uptrend !
FHZN
Right now we are correcting in a Wave 4 and are then heading for ca. 158CHF.
At the moment we will reach this level i am expecting the end of the Big Wave 1, an ABC Correction will follow very likely.
Only risk what you can afford to loose, i am only taking this trade because i already have 2 in profit.
3# Long
Entry: 134.7CHF
Profit Target: 159.5CHF
Stop Loss: 127.8
2# Long
Entry: 127.4 CHF
Profit Target: 159.5 CHF
Stop Loss: 120.4 CHF
1# Long
Entry: 116.9 CHF
Profit Target: 159.5 CHF
Stop Loss: 108.4 CHF
Right now we are correcting in a Wave 4 and are then heading for ca. 158CHF.
At the moment we will reach this level i am expecting the end of the Big Wave 1, an ABC Correction will follow very likely.
Only risk what you can afford to loose, i am only taking this trade because i already have 2 in profit.
3# Long
Entry: 134.7CHF
Profit Target: 159.5CHF
Stop Loss: 127.8
2# Long
Entry: 127.4 CHF
Profit Target: 159.5 CHF
Stop Loss: 120.4 CHF
1# Long
Entry: 116.9 CHF
Profit Target: 159.5 CHF
Stop Loss: 108.4 CHF
Trade active
All positions are openNote
EMERGENCYDue to a heavier than expected correction, i am taking 25% Profits on Long 1# and 2#!
Trade closed: stop reached
Stop-Loss of Position3 triggered: -5.1% LossTrade closed manually
ALL POSITIONS CLOSED:LONG1: 75% of Position = 9.3% Profit
25% of Position = 14.2% Profit
Long2: 75% of Position = 0% Profit
25% of Position = 4.1% Profit
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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.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.