Price made a bigger wxy correction after a good impuls on 1H chart.
Now I´m exspecting a 5wave structure to the downside for at least 250pips for completing the bigger correction on daily Timeframe.
The price broke the trend and I entered the trade. (For safe entry wait for a correction on lower timeframe)
I will update as soon as I see any changes
Please also look at my other Forecasts linked below
Now I´m exspecting a 5wave structure to the downside for at least 250pips for completing the bigger correction on daily Timeframe.
The price broke the trend and I entered the trade. (For safe entry wait for a correction on lower timeframe)
I will update as soon as I see any changes
Please also look at my other Forecasts linked below
Trade active
I put another Sell Stop below the last low of the m15 correction for another trade
Note
The market took us for the second time and I adjusted the SL from the first trade to breakeven.
Right now we´re about 100pips in profit
Trade closed: target reached
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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.
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.