We recently reached the support of the canal formed since summer of 2020.
Signals:
Weekly: We can see a StochasticRSI divergence since we touched the support zone.
Daily : A Wolfe wave is formed , started at the end of July, new StochasticRSI divergence since we touched the support zone, RSI divergence since June.
m15: Another Wolfe wave formed on the last low point of the daily Wolfe.
Entry: 1.16862 (market order at confirmation of the m15 Wolfe ) TP1: 1.17325 (Weekly S1) TP2: 1.17690 (Weekly Pivot) TP3: 1.18150 (Wolfe target) SL: 1.16498
Note: An alternative to the TP3 could be to keep the position open until we reach the half of the daily range around ~1.2000.
Feedbacks appreciated :)
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TP1 touched
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We're getting close to the TP2
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Range Between tp1 & 2? (weekly pivot & s1) let's see