as much as id like to continue my win streak with a setup ... im inclined to belive were are about form a big corrective pattern(15m timeframe ) and am looking to sell. this might be what i was looking for,
if your not in the trades dont do ANYTHING, you can either wait for a bebound off the Bottom of wave a, (the 38.6 Retracmentment) or take another trade to the bootom. EURUSD
Basically, Sentiment for the EUR is Short, meaning most people think it will go down, so I'm Long xD another thing, EUR is Strong right now and USD is weak, another reason to go long EURUSD. Entry. Identify Chart pattern. in this case an impulse wave on the 2h chart xD plot a fib retracement from start of wave 1(12345) (Elliot wave) and place a limit order at or...
I have been trying to make a good entry and exit technique and strategy. constituting of solid risk to reward, Elliott Waves, and Fibonacci. Any feedback would be appreciated
What do you think? :) plz let me know.
The "Aussie" Has made quite an aggressive move to the upside. We will be waiting for it to correct before resuming; to complete a larger corrective move before tanking again. We have a short long and a long short ahead of us. (possibly) :)