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mrglobing
Oct 15, 2020 8:08 AM

Make or Break - 28090 Long

Description

Stressful Thursday.

Comment

Looks good. Honestly, this trade stressed me out. I reduced my position to 2 (from 3). 1 trade with no profit.

There is not a lot room for correction now. The fractals in the Minutes already formed two series of 1-2. If these structures break it is likely just a wave A. I would then wait for the B (mostly 61er Retracement) and sell as soon as we finish wave C.

Anyway. t should go up overnight with a nice gap as sign of wave 3 of 5.

Comment

It does look good, but the 4 was too deep for me and I am afraid it could become a Triangle. I was also over invested. Closed the first Position first position with no profit and the 2nd with good profit. The 3rd position (see comments above was already closed with no profit as well).

Trade closed manually

all Closed
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