Primary Trade Setup
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Daily trend line and area of multiple setbacks in the past. The uptrend has already expanded enough and it is possible to wait at least for a break. SL above the previous highs.
Secondary trade Setup:
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If the fall starts now. Expect a retest below the previous wave. Positions with low leverage for long loss stops and withstand possible setbacks to the secondary zone or consolidations.
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Daily trend line and area of multiple setbacks in the past. The uptrend has already expanded enough and it is possible to wait at least for a break. SL above the previous highs.
Secondary trade Setup:
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If the fall starts now. Expect a retest below the previous wave. Positions with low leverage for long loss stops and withstand possible setbacks to the secondary zone or consolidations.
Trade active:
Pay Atention...
Comment:
The price closed below the previous high and made a retest, it seems that the fall has begun but protect the price of entry, because it is still possible a setback. We go 80 pips from the secondary entrance.
Comment:
179 pips from the secondary entry.
Comment:
350 pips from the secondary entry point. No recoil. I do not understand why they do not give me more reputation. Close positions, we hope that I reached the area of 38% fibo but now I think it will make its first setback before that happens...Again, I do not understand why they do not give me more reputation. The analyzes are mine.
Trade closed manually:
: 350 pips from the secondary entry point. No recoil. I do not understand why they do not give me more reputation. Close positions, we hope that I reached the area of 38% fibo but now I think it will make its first setback before that happens...Again, I do not understand why they do not give me more reputation. The analyzes are mine.
Comment:
The price came to the area. 430 potential pips.