Looks like a Wolfe waves pattern is about to complete on this pair. It coincides with a Wave 4 on my wave counter and therefore I see it as a strong signal to sell.
W4 should end somewhere near 1.45 level, if does, I´ll open a short from local 1.45* maximum.
SL is tight: 1.46. Going above 1.455 will invalidate the whole Wave counting I´ve done and therefore will require additional analysis.
TP1: 1.4150 (strong resistance level for a pair)
TP2: 1.3400 (Wolfe pattern EPA level)
TP3: 1.3000 (End of W5)
W4 should end somewhere near 1.45 level, if does, I´ll open a short from local 1.45* maximum.
SL is tight: 1.46. Going above 1.455 will invalidate the whole Wave counting I´ve done and therefore will require additional analysis.
TP1: 1.4150 (strong resistance level for a pair)
TP2: 1.3400 (Wolfe pattern EPA level)
TP3: 1.3000 (End of W5)
Order cancelled:
Brexit was predictable...
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
SL: 1.48000