Look for price to climb up and touch the 88,6% retracement from the X to A leg to complete this . ( 1.7185 )
Stoploss should be placed above X, in this case its about 20 pips above X. (1.7290 )
Take profit 1 at 38,2% retracement from the A to D leg. ( move stops to breakeven ) 1.6932
Take profit 2 at 61,8% retracement from the A to D leg. ( 1.6778 )
Always looking for feedback on my analysis, so be sure to comment !
Follow me on twitter : https://twitter.com/PalmTreeTrading%5DPalmTreeTrading/
Follow me on Tradingview : https://www.tradingview.com/u/PalmTreeTrading/
Followme on Instagram : https://www.instagram.com/palmtreetrading/