EUR/USD Labyrinth, Act 3

26 thg 10, 2018

Trading Plan:
Long, entry - 1.1310, SL: 1.1247, TP1: 1.1720, TP2: 1.1842, TP3: 1.1980

26 thg 10, 2018

Ghi chú

Link to article: investing.com/analysis/eurusd-labyrinth-act-3-200351118

1 thg 11, 2018

Giao dịch đang hoạt động

The entry for longs was achieved. The price went as low as 1.1301 on the 31st of October.

12 thg 11, 2018

Giao dịch đang hoạt động

The price returned to 1.1301 area and moved lower into the 1.1240 area. It is a good area to go long at least for 50 pips.

17 thg 11, 2018

Giao dịch đang hoạt động

Looks like the price made a full extension of the 3rd impulse wave, down to 1.1213. It produced a 0.618 Fibo retracement on the weekly chart (low: 1.0399, high: 1.2555). And even if one of the main cardinal rules was broken, the chances are high that the price moves up.
In the near term, it might touch the downtrend red line.

12 thg 12, 2018

Ghi chú

The PA needs an energy drink :)

15 thg 12, 2018

Giao dịch được đóng thủ công

See my newest chart:

4 thg 1, 2019

Ghi chú

of the 5th impulse wave or 3rd motive wave

4 thg 1, 2019

Giao dịch được đóng thủ công

Unfortunately, my projection for the corrective wave did not happen, instead, a flat ABCDE corrective wave was produced.