RCtrader2
Short

EUR/USD Labyrinth, Act 2

FX:EURUSD   Euro / U.S. Dollar
Trading Plan:
Sell, Entry 1.1639, TP 1.1532, SL 1.1649
Comment: Please support me with your comments and thumbs up.
Trade active: Sold at 1.1765. Target 1.1555
Comment: Sold at 1.1810, target 1.1651
Trade active: TPed 1.1748.
Trade active: Our trading plan TP is 50 pips away. I am not sure it will get there but there have been almost 300 pips from 1.1810.
Trade closed: target reached: Our trading plan target was reached at 1.1532. Next key support is WS1 at 1.1505 and MS1 at 1.1479.
Looking to break the top of corrective bear leg imo
Reply
RCtrader2 Zoen_Trieste
@Zoen_Trieste, Do you mean the 1.1720 area?
Reply
@RCtrader2, yes, the top is at 1.1733. If higher TFs close higher, I’m looking at 1.272 extension at 1.1785 and 1.618 extension at 1.850.
Reply
RCtrader2 Zoen_Trieste
@Zoen_Trieste, It transformed into an ascending triangle on the 1h chart, so I guess it could reach 1.18x area.
Reply
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