ElliottWaveBelgium

EUR/USD - Enter Long with small lot - Awesome profit potential

Lång
OANDA:EURUSD   Euro / USA-dollar
Price fell because of Italy politics but I don't think the news is enough to have a bigger impact on EURUSD.

I don't usually try to catch falling knifes but here I have a clear and tight stop, so that a small trade doesn't hurt if it goes bad but is very rewarding in case it goes our way.

I have confidence in this trade because I can count 5 waves down in this wave C, meaning it ended + divergence started to build.

Trade Setup :

Long Entry : now or on trend line or MA break
Stop : 1.1429
Target 1 : 1.185
Target 2 : 1.210
Trade stängt: Stopp nått:
Stop reached.
Because of good risk control, we lost only 20pips, wich is nothing compared to all that has been won before in this pair.

Don't forget to like, share and follow !

Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public

Thanks !
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.