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iznogood
Dec 7, 2016 11:30 PM

Chasing to short a Po4(green) of a WW Short

Australian Dollar/U.S. DollarFXCM

Description

Chasing to short a Po4(green) of a WW somewhere around 0.7540~0.7550 if we get there.
(magenta) ab=cd
(lime green) ab=cd
Black internal Po5' of a WW
NC (0.7581~0.7511)
Fib's confluence

Money management plan is:
SL>0.7580 <1% of your balance
entry reason:
depends on your strategy (Don't be agreesive, wait for confirmation at 15')

1st target @0.7310
main target green TL(1-3) of the WW

Basic rule: Protect your capital and trade safe!

P.S. First time I'm publishing a trading idea so be careful and don't trade anything
without aplying your rules and reasons.

Alexandros

Comment

As long as price staying above black TL(2-4) the idea remain valid!

Order cancelled

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