Scloneh

WEDGECEPTION D:

FX:EURUSD   Euro / U.S. Dollar
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2
Well as I said in my past post that the price could make a final wedge , but the structure of the wedge is really creepy, we still in halloween? XD also the upside run yesterday are creepy too it doesn't look like an impulsive wave because all the up waves are overlapped, unless it means that we are seeing i-ii i-ii 1-2 waves and the price will just explode to the upside but we need a fundamental to make that happen. I already have my buy stops on 1.0650
Trade active: Stop Loss below wave 2 on positive to protect the trade, still in daily range to make a little new low. Look for fundamentals that can explode the price to the upside.
Trade closed manually: Well the drop as ypu see isn't in 5 waves but it make a new low and thats valid to complete the wedgeception pattern. Cheers! and good buys!

Comments

Well this setup is a good risk-reward ratio
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Scloneh Scloneh
Have* a good risk-reward ratio
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