I hope you boys like this. We have seen a lower low on the 4hr and now a bullish flag. Going to use the elliot for a good RR ratio with 2 positions. 115 seems to be a comfortable number for wave 3 on this pair which is also 1.618 of the first wave down. Final wave also seems to be another solid horizontal key number which tends to be 2.618. Stop loss will move to break even if TP1 hits. Good luck and ideas always welcome! :p
Trade active:
Looking great so far. I am still holding. I want to correct my chart. I said "bullish flag" when it should have said "bearish flag"
Trade active:
TP1 Closed. Move stop loss to break even. We've already made 220 pips and 200 more to go risk free :heart:
Trade closed manually:
Closed TP2 at 113.9. :)