Sterlina / DollaroShort
USDGBP Bearish 5th Wave
Aggiornato
Lewglasgow identified a 5-0 pattern on Cable (kept the points marked in black).
A less sophisticated look would be a Elliott Wave 5 waves down and 3 wave correction.
With that in mind sell current levels (1.2330) and higher at 1.2450 if seen.
TP1 1.2200
TP2 1.2090
3x reversal at 1.2440 for break even or profits on potential moves into 1.2675
Once the 5th Wave completes and equal legs A-B-C correction should see a move back into 1.2375
A less sophisticated look would be a Elliott Wave 5 waves down and 3 wave correction.
With that in mind sell current levels (1.2330) and higher at 1.2450 if seen.
TP1 1.2200
TP2 1.2090
3x reversal at 1.2440 for break even or profits on potential moves into 1.2675
Once the 5th Wave completes and equal legs A-B-C correction should see a move back into 1.2375
Trade attivo
Sell entry at 1.2335 executedTrade chiuso manualmente
Stop Loss moved to 1.2315(Optional) 1/2 of position closed at 1.2250 for 85 pips.
Overall setup still valid
Trade chiuso manualmente
Trailing stop on 1/2 position hit at 1.2315End result (85 pips *0.5)+(20 pips*0.5) = 52.5 pips
Nota
5th Wave Terminated at 1.2107
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.