Lovely trade opportunity presented by CJ for the upcoming week or two. Price has broken above a resistance zone and seems to be creating a
complex corrective structure to make it to a possible 61.8% fib retracement of the previous bearish impulse. The interesting aspect of this
analysis for me is the 5th wave truncation of the 5 wave impulse before the correction structure. It's always nice to see the market create
rare setups, makes you want to learn more about where it's going in the future.
Targets:
-80.000
-80.300
-80.900
Let me know what you think of CJ's behavior going forward, I would love to hear your perspective and build from there. Please like
and share and let's all grow and learn. Have a blessed trading week ahead.
complex corrective structure to make it to a possible 61.8% fib retracement of the previous bearish impulse. The interesting aspect of this
analysis for me is the 5th wave truncation of the 5 wave impulse before the correction structure. It's always nice to see the market create
rare setups, makes you want to learn more about where it's going in the future.
Targets:
-80.000
-80.300
-80.900
Let me know what you think of CJ's behavior going forward, I would love to hear your perspective and build from there. Please like
and share and let's all grow and learn. Have a blessed trading week ahead.
Trade active:
SL Moved to break even
Trade closed: target reached:
Target 1 hit
Comment:
Trade closed: target reached:
Target 2 hit
Trade closed: target reached:
Target 3 hit
Target 3 hit
