Why are we entering?
- In an ABC correction - waiting for C wave to finish around the fib levels
- Expecting EUR weakness and DXY strength soon = EURUSD SHORT
What is our confirmation?
- waiting to draw WFB on C
Entry
- SAFE Entry: rejection of structure and then WFB
- RISK Entry: rejection of sell zone
Once entered, where will our Stoploss be?
- above price rejection (above 618 to be safe
Where do we take profits?
First TP: 1.128 (115pips)
Second TP: 1.115 (280pips)
Swing TP: 1.096 (500pips)
- In an ABC correction - waiting for C wave to finish around the fib levels
- Expecting EUR weakness and DXY strength soon = EURUSD SHORT
What is our confirmation?
- waiting to draw WFB on C
Entry
- SAFE Entry: rejection of structure and then WFB
- RISK Entry: rejection of sell zone
Once entered, where will our Stoploss be?
- above price rejection (above 618 to be safe
Where do we take profits?
First TP: 1.128 (115pips)
Second TP: 1.115 (280pips)
Swing TP: 1.096 (500pips)
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