This is an update of one of my last post. We are now done with the correction and our last trade smashed target. Wave 1 of wave 5 is finished and we are now in correction. Highlighted region is our buy zone and where we would look for some bull confirmation. The bigger picture here is the end of wave 5 with the bat pattern to start a strong impulse down.
I will update the trade as it develops. Thanks for likes/shares.
Have a blessed weekend and a good week of trading!
I will update the trade as it develops. Thanks for likes/shares.
Have a blessed weekend and a good week of trading!
Trade active
SL : 1.32509TP1 : 1.34
TP2 : 1.35
TP3 : 1.3550-1.36
Remember about risk management! (2% max)
Note
Not the best entry, a bit too aggressive. Still very much validNote
Sl @ Breakeven and we will wait for a better entryTrade active
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Related publications
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.