It seems that a wave 3 impulse wave (minuette period) on a wave Y (Minor Period) is in progress?
I have opened 3x positions on a booking. These trades will only be enabled if (a) EMAs 8 and 34 cross and (b) the price point is reached as a SHORT (downwards). I shall update once the trade is active.
Trade active
Yeah !!! TP#1 and TP#2 hit, profit taken, thank you very much GBPAUD :D
Trade still open, looking to reach TP#3, however please note that I've moved my SL to 1.72484
Trade active
Moved my SL#3 to 1.71520 as a new chart analysis has been done, it looks like Wave Y has come to an end.
I shall be submitting a new chart analysis for this pair shortly
Trade closed: stop reached
SL#3 hit, trade closed, although still in profit as I moved my SL as noted yesterday.
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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.