Maybe Gartley will play out. Trade idea:
- micro entry at 0.786 Fib level
- mini entry at 0.886 Fib level
- stop loss above X
- target 1 at 0.382 of CD
- target 2 at 0.5 of CD (and will see how it will behave here)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- micro entry at 0.786 Fib level
- mini entry at 0.886 Fib level
- stop loss above X
- target 1 at 0.382 of CD
- target 2 at 0.5 of CD (and will see how it will behave here)
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Micro entry got filled in.
Comment:
And also Mini entry.
Comment:
Now let's wait for this divergence to do the trick:
Comment:
Stop loss lowered to Micro entry. Just in case, things are bullish today ...
Trade closed: stop reached:
Stop reached with minimal profit.
Comment:
Too bad I lowered stop loss too early ...