Technician
Long

EURUSD Short term bullish setup

FX:EURUSD   Euro / U.S. Dollar
1368 42 9
Update: First Target Hit. Exceptionally, I am not moving stop loss to break even for this trade.
Update: closed near full target at 1.3640.
Profit(pips)=50+110=160
Accumulated profit/loss (pips) = 2472


I am looking for a short term bullish rebound as price shows a strong bounce of the 1.27 extension level of CD Wave and 61.8 retracement for the overall bullish wave within the context of the falling wedge

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Trade number: 64
Accumulated profit/loss (pips) = 2312

Pre-trade stats
Number of trades:63
Winners: 33 Losers: 22 Cancelled: 8
Profit/loss (in pips) = 2312
Open trades: none Pending trades: none
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled

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This is one of my favorites
+1 Reply
good job..
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Cheeerz
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Update: closed near full target at 1.3640.
Profit(pips)=50+110=160
Reply
Update: First Target Hit. Exceptionally, I am not moving stop loss to break even for this trade.
Reply
AshleyWeyers Technician
Amazing. Well done for hanging in there.
Reply
Technician TOP AshleyWeyers
Thanks, I hope You benefited too
Reply
AshleyWeyers Technician
nope, took a small profit on my short and missed the break up. No problem, took a great short on CADCHF.
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Technician TOP AshleyWeyers
Great. Setups never end :)
Reply
Technician TOP Technician
GBPCHF Was a loser for me. But its ok.. I am reassesing setups with harmonic patterns, seem weak to me
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