Hey Traders! Here's one that's been in the works for a few months. Potential massive R/R opportunity with entry at the completion of the ending diagonal. SL is placed quite tightly behind the invalidation level. This is the level at which price if price passes we will need a recount. Updates to come as the tide rolls. Happy trading!
Note
First position was a loss of 8 pips. We got a nice retrace in wave-ii, and a wonderful long opportunity with a tight stop. Check it out here:
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.