The A wave seemed to have formed.
Sell limit on the B wave, slightly below the 618.
Stop loss slightly above wave 5.
Take profit on a 1:3 RR.
Sell limit on the B wave, slightly below the 618.
Stop loss slightly above wave 5.
Take profit on a 1:3 RR.
Note
TP adjusted to a more realistic level at the 1.618 fib extension for a 1:2.28 RR.Trade closed manually
Move is no longer valid. Never got filled.
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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.