DE30EUR - Down again at H1

OANDA:DE30EUR   Germany 30
Look left, the downtrend signal is activated ( drop beyond 120% of the biggest Retracement of the uptrend)
Two group waves for sell:
1. At the H4 timeframe (group waves (1)(2)(3)...).
2. At the H1 timeframe (group waves 1,2,3...).
Early entry: 80% Fibonacci (80/20% rule)
Reasonable entry: Sell limited at 90-100% Fibonacci
Late entry: Wait to signal at the smaller timeframe (new price action, double top , head&shouder...)

The stop loss is at 120% Fibonacci Extension .
When DE30EUR down again, should be moving the stop loss to accord the next rule symmetry wave of the downtrend.

Plan: Move to the stop-loss at 80% of the biggest retracement of the Uptrend (group wave Weekly (I)(II)( III )...

Good luck with All.
Sep 18
Sep 27
Sep 29
Comment: 3 targets will be
Oct 08
Trade closed: target reached: TP1, TP2 reached
Oct 08
Trade closed: target reached: target 3 at the wave 5 Elliot completed.
Thank you very much! Will you keep DE30EUR on your radar screen?
@vj4, Move to the stop loss with Symmetry rule. 3 targets are calculated by Elliot wave rule (from Reversal downtrend (Wave 1))
+1 Reply
@vj4, still keep
+1 Reply
vj4 dinhchien
@dinhchien, cool! interesting , will it rest now. and other indices. lets see.
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