- On higher time frame we are coming for (z) in a 5 wave move.
- Price is sitting on trend line.
- (x) to (y) holding on 61.8 fib zone.
- Five wave "Ending diagonal" on 1H time frame is completed.
- Huge bullish divergence on 1H.
- Stoch. on 4H time frame is crossing.
***There is a possibility to go for a cypher pattern and then go up.
- Price is sitting on trend line.
- (x) to (y) holding on 61.8 fib zone.
- Five wave "Ending diagonal" on 1H time frame is completed.
- Huge bullish divergence on 1H.
- Stoch. on 4H time frame is crossing.
***There is a possibility to go for a cypher pattern and then go up.
Comment:
I'm still holding this one. I will try to take off this trade at +1 pip break even.
Trade closed manually:
That's how everyone should manage their trades and don't do fast&emotional decisions, those who waited like me took it off for +1 pip, no damage done on this trade.