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ProjectSyndicate
Mar 29, 2023 9:25 AM

eurjpy 16h advanced xabcd setup buy/hold tp 149.50Β Long

Euro Fx/Japanese YenFXCM

Description

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speculative xabcd setup advanced entry bulls with confirmed
reversal at point C at 140.15. Expecting short-term pullback.
point C was printed recently and confirmed a higher low setup.

XABCD pattern structure is defined by point X at 146.90.
point A at 138.80, point B at 145.00, point C at 140.15
and point D at 149.50, which is a 127 extension.

Recommended strategy bulls: seek to buy dips/pullback
and put SL below recent low at 140.15 and TP at 149.50
at point D of the pattern structure. Advanced XABCD entry
strategy so use conservative lot sizes and do your own due dill.

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment

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strong pump so far today

Comment

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gbpjpy 1h xabcd bears short from resistance

Trade closed: target reached

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TP hit +700 pips. congrats.
Comments
RLinda
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The idea is good, but we still need to wait for confirmation, so don't go into it now.
ProjectSyndicate
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@RLinda, yeah, this idea made 200 pips already.
Tauhid0
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@ProjectSyndicate, ....!!!! we see....!!!!
MarsSignals
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thanks for your information
pejman_zwin
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Thanks for sharing this. It might be possible.πŸ’ͺ
ProjectSyndicate
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@pejman_zwin, tp hit already it was an advanced buy setup
Leo-btm
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good idea mate
ProjectSyndicate
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@Leo-btm, tp hit already +700 pips
Leo-btm
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I'm looking to short on new highs πŸ‘
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