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H1 We got a strong wave Y down so I'm looking to trade the Z down, start to look for your sell setups, break of the TL will invalidate the trade.
I will be targeting the 123.6 and 161.8fib extensions but I'm expecting the H4 low to be broken. Targets will need to be adjusted depending on how deep the X2 becomes.
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H1 We got a strong wave Y down so I'm looking to trade the Z down, start to look for your sell setups, break of the TL will invalidate the trade.
I will be targeting the 123.6 and 161.8fib extensions but I'm expecting the H4 low to be broken. Targets will need to be adjusted depending on how deep the X2 becomes.
If you wish to Learn how I analyze and trade these setups, by all means send us a PM, you seen these counts and analysis here first!
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Enjoy!
Comment:
1st TP hit at 123.6fib.
Trade closed: target reached:
2nd TP hit at the 161.8fib.