Daily Bear
Looks like we've completed wave B up and need to go down towards .618 retracement of A at which point, I 'll expect a reversal to the upside.
This is a short term short - entry 1.1406 - followed the 1212 stradegy with entry at .618 retrace of the 2nd 1 2
stop is 114.25
TP is 113.15
Looks like we've completed wave B up and need to go down towards .618 retracement of A at which point, I 'll expect a reversal to the upside.
This is a short term short - entry 1.1406 - followed the 1212 stradegy with entry at .618 retrace of the 2nd 1 2
stop is 114.25
TP is 113.15
Comment:
posting ALT count here. I still see this as a correction however its possible it becomes more complex within a WXY with rumors going around that Feds might loosen policy in 2019
Trade closed: stop reached:
Pulled my stop closer because the alt count could be playing out. Should have just set it to break even instead of losing 6 pips
Trade active:
Moved stop to 11345 it looks like it's impulsing down into my buy zone so I wanna exit trade if it spikes back up and possibly long
Trade closed manually:
Stopped out at 15 minute candle break to the upside. Reversed position and longed it in anticipation of wave c up
Trade closed manually:
Closed the long at break even. Im going to wait for more signs that price will reverse before going long
Trade closed: target reached:
The rentry short resulted in 90 pip profit - nice trade