Bullish divergence starting,
I'm buying this dip now and letting it do it's thing.
(Beware, price might go a bit lower, but as long as it remains above 2690, the bias is bullish)
Entry : 2760
Stop : 2690
Target 1 : 3000
I'm buying this dip now and letting it do it's thing.
(Beware, price might go a bit lower, but as long as it remains above 2690, the bias is bullish)
Entry : 2760
Stop : 2690
Target 1 : 3000
Note
! Attention ! An alternative count suggests we are in a Triangle with wave A at 2535) meaning wave 4 is not yet over.
(Notice, triangles often happen in wave 4)
Therefore, I'm moving my Stop Loss to 2780 to protect my self in case this count is correct and price falls.
Trade closed: stop reached
Stop reached, got out with +20pips for first entry and +46for second one.Nothing big but at least did not lose anything.
Note
The call to move the SL was right. Now, have an eye on 2530 !
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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.