WEEKLY (I), (II), (III): DOWNTREND, WAVE ((I)
DAILY I, II, III: DOWNTREND, is at wave VII - VIII
H4 (1), (2), (3): Uptrend, he is at wave (3)
H1 1, 2, 3: Uptrend, * Now he is at wave 5
Plan: Short now or wait he break rule at H1 sell follow Weekly
Stop loss: 1.29877 (reversal for uptrend)
TP1: 1.27667 (61.8%), TP2: 1.26635 (100%)
DAILY I, II, III: DOWNTREND, is at wave VII - VIII
H4 (1), (2), (3): Uptrend, he is at wave (3)
H1 1, 2, 3: Uptrend, * Now he is at wave 5
Plan: Short now or wait he break rule at H1 sell follow Weekly
Stop loss: 1.29877 (reversal for uptrend)
TP1: 1.27667 (61.8%), TP2: 1.26635 (100%)
Comment:
Stop loss move at 0 (100bibs available)