Sharing a current trade of mine. The Butterfly, Elliot wave extension and head and shoulder formation give us healthy targets at the 1.634 levels. Likely in subwave one of wave 3.
For those looking to join the action, getting short at 3 might be a good trade. I do not like trading 5th waves so I rarely suggest them.
Happy Trading.
For those looking to join the action, getting short at 3 might be a good trade. I do not like trading 5th waves so I rarely suggest them.
Happy Trading.
Trade active:
Approaching Target. Good level for profit taking.
Don't be greedy!
Don't be greedy!
Trade closed manually:
Price stopped short of target.
Let the algo show you its hand.