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.
Looking for a new entry another day.
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Questions? Chat or Comment on Ideas
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !