ZigZag618

WXY End for wave G completion?

Short
ZigZag618 Updated   
FX:EURUSD   Euro / U.S. Dollar
I've been stalking this trade since the open (Sunday). We've made some bullish movement up, but failed to take out the recent swing high. We also failed to get to the target area I had. In a way, this is very bearish, so feeds into the idea this is ready to roll over - hard.

We've reached the 1.0 T of wave A (of Y). I set a TR1BL stop order for the last two H1 candles. This one hit.

Risking 0.75% because I was over levered to do a full 1%.

I have a resting Limit sell order at my target still, in case I am stopped out tonight and we go higher.

Lets see!
Trade closed: stop reached:
Shitty. SL reached.

I have my other entry still in place and going to bed. Risking 1% on that.

Trade closed manually:
Well.. I entered again. And again. I just manually closed my last trade for this idea. Price is too bullish and not reversing. I will do a better job of priorotizing logging my trades and moves. I'm down 15% drawdown ont he acct now.. I have some improving to do, and I need to stop risking so much on every move. Baby steps..

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.