FXStrggl
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since Jun 22, 2016
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After the wedge break above (unexpected for me) this is my re-entry strategy.
3
Round numbers as support, impulsive move down initiates the new continuation of the old trend. Risky stop loss is about 0.7515 , Pending order, sell limit a little below 0.75, Target is a long-term 0.65~a little above. Using fib, elliott, classic triangle, S&Resistance lvls;
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Flag & continuation, double Fib confirmation. OBV breakout Sell at 0.70614 - triple tested resistance. SL 0.70858 TP 0.68530
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Entry short with a sell stop @ 8841 SL target - agressive - 8964 SL safe - 9025 TP 7259
4
Again, a mixture of Fibo for target. SL 1.13043 Sell stop target 1.1278 TP target 1.1153
1
Entry price 0.715, target 0.72492, SL is 0.71352
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