Price has broken a corrective structure with a sharp move , a sign that we probably see a small rally. But first we need a confirmation before buying. I will personally wait for a bullish advanced pattern to complete. Otherwise a consolidation and a new breakout will signal our buy.
Like and comments are always welcomed..
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As expected price after the breakout is very close compliting a bullish bat pattern. Personally i will go long from point D, 0.886 fib level.
Typical targets for harmonic are 0.382 and 0.618 of the AD move. I will personally move to breakeven if price reaches 1:1 risk/reward and trail when possible..
0bsidian
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Ow i see i thought first target was the C level and the second one is the D level, good thing i asked, thanks a lot. Order is set aand waiting to be filled :)
0bsidian
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i mean A (not D)
kurdashraf
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plz enter point ?
Fxprotrader
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i personally have a limit order at 1.10765.. Just above 0.886 fib level..