FX:EURUSD   Euro Fx/U.S. Dollar
231 1 9
Making this chart to answer a question as to why I decided to put my first TP here. My trading system is based on wave analysis using the rules of EW and harmonics. Typically focusing on a mean reversion when price is in counter trend extremes on a lower time frame. MY first TP is placed just before where i would expect the first probable support level caused by the symmetrical move ( AB=CD ). I close 60% of my position here and lower stop to lock in profits. Depending on what it does from there I either hold until stop or more ts             are hit or possibly add to shorts i an opportunity present itself at the top of the bounce. At second tp I close 30% then full close at last tp :D
stocktrader15 PRO
6 months ago
Original Chart


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