We are currently inside the 3rd impulse of the ABC pattern and now I am expecting to go up and complete it! After that I am expecting even more up move but we will probably settle for a correction first.
Note: When we break the 1.09746 zone, be very careful because it could get a hard rejection there. If you take this trade, make sure to manage your stop loss to BE when we break that area!
Trade Setup:
SO - 1.09547 TP - 1.10296 SL - 1.09000
Check out some of my other ideas posted under 'related ideas' down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis!
THANK YOU & GOOD LUCK!!
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Good job to all who took this trade, move stop loss to break even now.
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Start managing your stops, we don't want to get taken out for break even after all this profitable move.
Trade closed: stop reached
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I hope you managed your stops guys, I got taken out at 1.09920, nice chunk of change.
Will look for newer setups and post them soon! good luck.