I look at 10300 - 9300 area as a good zone to initiate new long position for new all time highs. 10372 is the 50% fibonacci retracement of the move from october 2014 lows to april 2015 highs. 10000 area is also the 100% fibonacci extension of the potential 3 legs decline.
Going long TSLA a the open here after 3 waves down into 100% Fibonacci extension and 50% retracement level risking 2% r:r = 1:2
Opening a long position here on EURAUD after a 3 waves retracement into 100% FE extension. R:R = 1:2 Risk 2%
I am going long usdjpy after 3 waves back into 100% fibonacci extension level. Stop loss under the 161,8% level Tp at 124,60 area (R:R=1:2)
Closing half position here at 1.3103 and moving the SL at entry level (1.2930)
i am going long again on eurusd here at 1.0960 that is the 50%retracemnt level of the move from 1.08 to 1.1128 and also 100% fibonacci extension of the last 3 wave down from 1.1129 peak .
I am going long here at 100% fib extension of the 3 legs down move.
I took my first target (half position) at 1.1080 I moved the SL to 1.05 area in order to create a risk free position. Final target 1.18 area
I am going long here on eurusd that is testing again the 61.8% retracement level of the move from lows. Euro is also approaching to the 100% fibo extension of the 3 legs down move from 1.1460 area.. This two levels should create a bounce at least to the first taget.
temporary top is in? i was not able to find an entry point on this up swing from 10800 area. i will wait for a deeper pullback (if this will be the case) in the 50/74% retracement area of the 8300 - 12400 move to buy dax again looking for new highs
11300 area already gave us a reaction, if this level will be broken i will try to buy dax again at 11130 area. I will force the longside view until 9900 remain in place
TSLA is at the 50/61% retracement level from 291 highs to 185 low. It is also overlaying the 100/123% extension level from 185 lows. A break of the above mentioned areas will favor the idea that we are in the run for new highs... A strong reaction to the down side could be the beginning of another leg down, maybe into the all time 50% retracement level