The_Cannalyst

Trying to catch "the falling knife"

Long
The_Cannalyst Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
34
Haraikiri idea: countertrade! RSI overbought, BBs stressed out.....very narrow sl close to todays low, tp ~ 38,2 fibo

0.75891 would be the scalp tp ( 38,2 of the last downwave)
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if the ultrashortterm trend will be dominant, you have to exspect the next downwave and the test of the sl
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in the 5min we have the chance for a double bottom...
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for a scalp, an adjustment of the sl to the entry is good now!
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now the hairaikiri is riskless....now trail it till you have enough pips :-9
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radical sl adjustment to the mini-uptrend manual
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i thinkk it will stopped out now...
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those who have more buying power could install their stopps direct below todays low...
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if we stay above that level, the chance increases
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do u also see the H&S?
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trigger H&S = present SL = trigger for a shortposition.....but not a real trigger..the real one is todays low - but let us hope for a further upwave
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slm triggered-short opened
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same game again..sl to entry = riskless
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reached tp good evening Regards Mary
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and here the "real trigger" short
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bullish wedge? you see, the view changes tick by tick
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0.7588 is the level to watch imo !
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is anybody out there?
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perhaps sl to entry? ...trailing...perhaps again switch to long....and so on.. and so on.. i am off..c u
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Trade closed: target reached:
real trigger tp reached
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