We have a very similar scenario here in collation to my last idea, but the background ist just not the same. We see a Bullish Gartley and a big Heikin Ashi (22.10.2015) breaking the resistance (@ 1.49150) and the 50 % Fibo of the last (little) Swing, like it was nothing. So im Sure there is much strength behind this move, because the MA 200 and the EMA 50 were broken too. The Stoch/RSI is telling me there is some space down and in the past it saved my A**
very often to know that, so i take a Eye on this with these Parameters (3,3,6,6) in Daily Charts. This is why i set the Enter Point at 1.51750 so the Price can go and play a little bit. At least the Candle on Friday was to weak and gives me clearly a Sign, that this falling is just a little Correction, even if it goes deeper.. T/P is at 1.53940 cause the 100% of the Main (BIG) FIbo is 1.54095 and as always, i want to sleep well and hit my Target ;) S/L is @ 1.50900, some people will say its very close, but when this point is hitten once, it wont go up again in near Time.
Here some things i want to say:
1. Sorry for my bad English. If someone dont understand something, just contact me and i'll try to explain.
(Im working on it!)
2. Tradingview is the Page i always searched for, so thank ALL you People for sharing your ideas here
so Traders can get another View on Situations. This is worth more then every book you can read about trading. For sure a BIG THANK YOU to the Admins. Nice Job!
3. All of my Ideas are just Ideas and nothing more. Nobody has to trade this!
4. Im always searching for Contacts of interesting People around the World to interchange knowledge and discuss Ideas. (4 Eyes seeing more than 2)
So give some Feedback and have a nice Week!