at the moment the price is completing wave 5. It is possible to update the low, so I am marking a wide area for a set of long positions. The nearest target is the resistance area at 1.06130.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Comment:
As well as on GBPUSD, I recommend to transfer trades to breakeven. There is a probability that the price will renew the minimum. If it happens, I will consider only long positions again.
Trade closed: target reached:
The scenario is working out fine, but there is the possibility of a price reversal. I strongly recommend partial closing of orders and transferring trades to breakeven. I close the idea manually with a good profit.
Trade closed: target reached:
Those who did not close long positions earlier got even more profit! Congratulations! Great result!