I am looking at going long on this pair based on a few reasons
end of wave 4 ABC correction
market rejected at 61.8 % fibb level
impulsive move to the upside and shift in momentum
harmonic pattern
end of wave 4 ABC correction
market rejected at 61.8 % fibb level
impulsive move to the upside and shift in momentum
harmonic pattern
Trade active:
Target 1 reached TP 1 160 pips from entry..
expect a small pullback before we go up further
move your Stop loss into profit or break even
protect your profit
Target 1 reached TP 1 160 pips from entry..
expect a small pullback before we go up further
move your Stop loss into profit or break even
protect your profit
Trade active:
target 2 reached
trail your stop loss
protect your profit
......
waiting for target 3
target 2 reached
trail your stop loss
protect your profit
......
waiting for target 3
Move your Stop Loss infront of your entry
this now becomes a risk free trade
target one hit ...
next target