AWC can be made with 2 strategies.
1st Strategy :
- If you made an order on 5th Feb. 2021 at the closing price, Scenario1 could be applied with Stop1 at Initial Stop and TP1 at Fibo. P. 61.8% of Swing Trade Setup
- We believe this is the beginning of Wave 3 or C after breaking out the end of wave b
2nd Strategy :
- If you have no any position, you may wait until breaking out the upper range.
- This is the Trade Setup of WTZ1 in the bigger picture of consolidation pattern in the trading range.
- Scenario2 could be applied with Stop2 at Gap and TP2 at Fibo. E.127.2% of the range.
1st Strategy :
- If you made an order on 5th Feb. 2021 at the closing price, Scenario1 could be applied with Stop1 at Initial Stop and TP1 at Fibo. P. 61.8% of Swing Trade Setup
- We believe this is the beginning of Wave 3 or C after breaking out the end of wave b
2nd Strategy :
- If you have no any position, you may wait until breaking out the upper range.
- This is the Trade Setup of WTZ1 in the bigger picture of consolidation pattern in the trading range.
- Scenario2 could be applied with Stop2 at Gap and TP2 at Fibo. E.127.2% of the range.
Trade active:
2nd Strategy was triggered and active now.
Trade closed: stop reached:
Exit all position @Initial Stop