Hi guys,
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Trade attivo
Commento:
90% of target1 attained, so i move my stop to break even. I don't want to lose when i get so close to target.
Trade chiuso: obiettivo raggiunto:
First target hit! Stops at break even now.
Trade chiuso: obiettivo raggiunto:
Target2 hit! Nice and clean!