completion will be at the from the X to C leg. this will be the short entry zone. price looking to sell around 1.0875. Stoploss should be placed at least 20 pips above X , Probably around 1.0925.
Exit depends on your own strategy, i choose to take 2 profit targets in this analysis.
First take profit target at the 38,2 % retracement from C o D leg.
Second take profit target at the 61,8 % retracement from the C to D leg
Always looking for feedback on my analysis, so be sure to comment !
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