Last couple of entry (i.e. GbpUsd
) failed in-spite of perfect AB=CD
pattern completion, which gives lesson on how important money management & trade management is irrespective of what strategy one use in trading. If we can have good control on money management one can easily make living by trading. Anyways, lets come to this pair, EurUsd
is at good level, we can see previous structure, harmonic AB=CD
completion which suggest down move is cooking. My stops are @ 1.1325 & minimum profit target is 1.2810. As usual, do your due diligence before entering market & take care of money management.