Hi traders,
On the longer-term EURUSD I'm looking to enter short at the completion of the AB=CD pattern. Had this in mind for quite a while, but price came just short of it a few months ago. My entry will be at the top wick formed in May 2016 and my stoploss will go above the top wick formed in August 2015, leaving some breathing room for myself and for price action.
Entry: 1.16078
Stop: 1.17686
Target: 1.11169 = R:RR 3.05
Good luck! Will keep this updated.
Please keep in mind that this is a longer term trade.
On the longer-term EURUSD I'm looking to enter short at the completion of the AB=CD pattern. Had this in mind for quite a while, but price came just short of it a few months ago. My entry will be at the top wick formed in May 2016 and my stoploss will go above the top wick formed in August 2015, leaving some breathing room for myself and for price action.
Entry: 1.16078
Stop: 1.17686
Target: 1.11169 = R:RR 3.05
Good luck! Will keep this updated.
Please keep in mind that this is a longer term trade.
