Setup was sent to the members and now we can collect target 1.
Another setups successful from today - Short $AUDUSD, Short $AUDJPY, Long $GBPAUD
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If you have the time my curiosity was wondering:
Why did you choose the high just under the previous high
and use the full swing for the X to A ?
How did you know that price action would stop - to the pip -
just below the standard fib ext (1.272) pt D @ 1.261 I would
have missed the trade by 4 1/2 pips.
Thanks for your thoughts !!!!
I didn't Know anything. I speculated that we will see reversal in this zone. My actual entry was few pips lower (near 0.794), I used a sell stop order that will trigger in case of a reversal.
The fact that the price never reached the 1.27 doesn't matter cause as I mentioned, I had also 4H downtrend line that I was monitoring. I'm using zones instead exact lines.
Thanks for your comment