Look left, the downtrend signal is activated (drop beyond 120% of the biggest Retracement of the uptrend) Two group waves for sell: 1. At the H4 timeframe (group waves (1)(2)(3)...). 2. At the H1 timeframe (group waves 1,2,3...). Early entry: 80% Fibonacci (80/20% rule) Reasonable entry: Sell limited at 90-100% Fibonacci Late entry: Wait to signal at the smaller timeframe (new price action, double top, head&shouder...)
The stop loss is at 120% Fibonacci Extension. When DE30EUR down again, should be moving the stop loss to accord the next rule symmetry wave of the downtrend.
Plan: Move to the stop-loss at 80% of the biggest retracement of the Uptrend (group wave Weekly (I)(II)(III)...
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