EURUSD. BUY CURRENT (1.0834) TARGET 1.1250

Hi everybody!
Looks like correction is over (white B hit 0.786 of white A).
We are in the last leg of green (A) wave.

Entry 1.0834 (current)
Stop 1.0765 (below white B)
Target 1.1250 (yellow C = yellow A)

Good luck!

Giao dịch đang hoạt động

Bình luận:

Hello friends!
UPDATE is here for you.
Looks like 5 waves in larger wave 1 of C up are finishing in ending diagonal and is going to reverse down in wave 2 of C towards 1.0850 level (61.8% Fibo).
Move stop to 1.0800 as below 1.0809 the idea will be invalid.
120 minutes chart for illustration for your convenience is below.

Bình luận:

Hello! MOVE stop to 1.0875 (+41 pips)
Below is the updated view.
Worse case scenario is that we are in small complex WXY correction (blue labels on chart below).
It can be triangular wave X (blue) If EUR can't break through 1.0968 then I would strongly recommend to cover long to save current profit as we can drop down to 1.0630.

Lucky trades!

Giao dịch được đóng thủ công:

Booked profit at 1.0960 (+126 pips).
Let's see how it goes further.
Best wishes!

Bình luận:

My father told me be patient and trust yourself.
So the original count proved to be right.
Here is the lesson - when you are able to put your stop at break even - maximize the profit, keep to an end, because you lose only chance not money!

Best wishes friends!
Aibek

Bình luận:

For those who are still long - updated view below (weekly chart for broader view)

Bình luận:

Target was almost reached. 1.1244 fact vs. 1.1250 projected.