#RL DTF - Fibonacci Strategy with Golden WaveThe most of strongest Momentum wave - Golden Wave (impulse)
Criteria :
* Minor wave 3 in 3rd impulse major Elliot Wave
* Strong Bullish Momentum volume unusual
* Steepness of a trend line increases from 45% to 70% deg
* Strong Break in bar retracement symmetry leading to a change in trend behavior
* Bullish gap up price action
RL trade ideas
Trading Idea RL (13/01/2020)Trading Idea RL (13/01/2020)
Entry: 0.42/0.43
Target: 0.455/0.49/0.525
Stop Loss: < 0.385 (based on closing)
Investment Period < 1 month
Disclaimer: The above trading idea is intended for informational purposes only so please do your own analysis before making any investment decision.