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MIchaelTran
Apr 30, 2015 2:56 PM

Wave No3 completed - prepare for LongTrade Long

Euro Fx/U.S. DollarFXCM

Description

1D chart.
+UpTrend is confirmed when it broke the last resistance 1.1023-1.1051. Wave No3 is absolute strongest wave, (base on Elliott wave theory).
+Predicting new support is 1.1023-1.1051 from now and will be the destination of wave No4. (Retracement right after Wave No3)

+Buy order is around 1.1023-1.1051

Note: This chart is for study diary only
Waiting for Long buy opportunity. +
Comments
MIchaelTran

set SL 100 pip after achieve 150 pips.
Plan trade: positive

Note: this chart is a part of my collection.
MIchaelTran
Closed trade.
MIchaelTran
. For the first time it broke weekly MA - major down trend since July 2014.
. Short term uptrend still remain.
. Neutral
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