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Simple weekly abc targeting 1.84
British Pound / Australian Dollar
Long
Simple weekly abc targeting 1.84
By iznogood
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Updated
Jan 31, 2018
4
1
1
Jan 30, 2018
SL below 1.7352, risk 0.5%
entry 1.7500
TP 1.8400
Jan 30, 2018
Trade active
Jan 31, 2018
Note
SL below 1.7430
I'm lowering my risk as the market looks more bearish now.
Jan 31, 2018
Note
Bearish Gartley and ab=cd ahead, SL remains below 1.7430
Feb 1, 2018
Note
SL at BE
Feb 1, 2018
Note
SL at 1.7630 , +130pip (small win)
Feb 5, 2018
Note
Add position at 1.7719, TP for this particular position at 1.8100
Overall SL at 1.7630 (risk 0%)
Feb 6, 2018
Note
I'm moving the overall SL at 1.7685, I'm making also an adjustment to the additional position TP at 1.7980
Feb 6, 2018
Note
cash out by my SL with a small profit
Feb 7, 2018
Note
Bullish flag is forming now and targeting 1.8000
Feb 7, 2018
Trade active
buy at market
Feb 7, 2018
Note
SL below 1.7610, risk 0.55%
Feb 7, 2018
Note
SL at BE
Feb 8, 2018
Note
cash out, 2.63% profit
Feb 8, 2018
Note
Maybe we are close to a reversal zone.
Take a look at the WW240 and the weekly chart
Feb 8, 2018
Note
WW in progress.
If you didn't take the reversal wait until the next sell opportunity to come, don't chase the market.
Feb 9, 2018
Note
Next target, Po4 of the WW around 1.7650
Feb 9, 2018
Note
Feb 9, 2018
Note
breathless WW dive!
AB=CD
Supply and Demand
Support and Resistance
iznogood
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