RobertK83

RobertK83 Updated 

The idea is very simple - if You are bull, it is one place you should consider to enter a trade. We could be: In 2 second wave of wave C of Larger expanding flat. This wave 2 is expanding flat too. So now should we see nice upside move in wave 3. 1.13 shoul not be crossed! Pros: 1. Last cerrection od the year downtrend was very short, so it do not look "nice"....

RobertK83 Updated 

Pros: 1. For the last year we have had a downtrend and i don't see reason at the moment why it should not last longer. In that case move up could be only a bigger correction, so i think now is good place to look for sell entry. 2. There is a chance that the top of correction was last week and we are testing trendline second time. 3. R:R is nice, overnight swaps...

RobertK83 Updated 

Good oportunity to take a long at market but It could visit again 1.31 before up move. SL - below "C" (1.305) TP - about 1.323 If we will be close to the "b" (about 1.317 - move SL to BE If the market break 1.305 to the downside, this idea is no longer valid and i do think we are going much lower. Good luck