5 waves down completed and we can count now 5 smaller degree waves from last low. (see comments)
After a small pullback, we can buy.
Notice also the gap around 65.50, price has a tendency to fill them.
Trade Setup :
Entry : 53.90 - 54.20
Stop : below wave 5 @ 52.73
Target 1 : 58.00
Target 2 : 62.00
Target 3 : 67.70
This trade can be very profitable and has a very small invalidation point(stop).
After a small pullback, we can buy.
Notice also the gap around 65.50, price has a tendency to fill them.
Trade Setup :
Entry : 53.90 - 54.20
Stop : below wave 5 @ 52.73
Target 1 : 58.00
Target 2 : 62.00
Target 3 : 67.70
This trade can be very profitable and has a very small invalidation point(stop).
Trade active
Pending order filled at 53.93.Trade closed manually
Closed at break-even. No time to monitor this trade today. Looking for a new entry another day.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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.
Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
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.