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nice trade on EURUSD with a bullish prediction to ride.
Good cypher with everything ending well at just 78.6% retracement .
but due to the fact that the AB=CD pattern ends deeper close to the 88.6%, i had to a bit extend the entry
looking at the chat, RSI is oversold already, ready to be bought with a divergence and market hitting target
PRZ is area of reversal in the big zone with the first one at 78.6% and second around 88.6%, so make a choice
risk to reward ratio could be adjusted to suit you
good luck and nice trade
Good cypher with everything ending well at just 78.6% retracement .
but due to the fact that the AB=CD pattern ends deeper close to the 88.6%, i had to a bit extend the entry
looking at the chat, RSI is oversold already, ready to be bought with a divergence and market hitting target
PRZ is area of reversal in the big zone with the first one at 78.6% and second around 88.6%, so make a choice
risk to reward ratio could be adjusted to suit you
good luck and nice trade
Comments
However thanks for stopping by. I appreciate it more than the profit i would make on this trade.
Thanks for stopping by prof
But in my opinion, going long on the EURUSD would still be consider a counter trend trade. If I were to long, I would look to take targets off at retracement levels and then continue riding the trend downwards.
But stop is subjective, individualized. For me same here. If yoh wana know how i do mine then a personal message would suffice. Thanks