Previous setup made some gain, now continue to grab the opportunity and been patient till correction is over. Miss the falling wedges breakout trade but there always a retracement and REMEMBER it.
TA:
- Golden ratio zone
- Formation of 3rd of 3rd subwave
TP:
-1:1 for 3rd wave (never the shortest wave)
- Previous high with around 1.27% extension
- Break previous high for 1.618% extension
- Conclusion:
RR is resonable as long my count (2) is holding well
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve i
TA:
- Golden ratio zone
- Formation of 3rd of 3rd subwave
TP:
-1:1 for 3rd wave (never the shortest wave)
- Previous high with around 1.27% extension
- Break previous high for 1.618% extension
- Conclusion:
RR is resonable as long my count (2) is holding well
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve i
Comment:
It only hit one of my order, butit still hold below the trend may go lower. If breakout I would consider to cancel my limit order and went into it.
Trade closed: stop reached
