1. Price break down with Leading Diagonal as wave 1
2. Wave 2 formed descending triangle and broke down resistance
3. Wave 3 reached fib ext. 1:1 of wave 1 and 2
4. Wave 4 retracing as ABC correction with hidden bearish divergence at overbought.
5. Price break down wave 4 trend line, also RSI 4H break down immediate trend line as well
6. Short position at fib level 0.618~0.854 of break down candles (shorting wave 5)
7. TP = fib 1.618 of Wave 4, also major Day line resistance
8. SL = slightly higher the swing high of wave 4
2. Wave 2 formed descending triangle and broke down resistance
3. Wave 3 reached fib ext. 1:1 of wave 1 and 2
4. Wave 4 retracing as ABC correction with hidden bearish divergence at overbought.
5. Price break down wave 4 trend line, also RSI 4H break down immediate trend line as well
6. Short position at fib level 0.618~0.854 of break down candles (shorting wave 5)
7. TP = fib 1.618 of Wave 4, also major Day line resistance
8. SL = slightly higher the swing high of wave 4
Handel aktiv:
1.price still under 200EMA
position stay
2. Price is profiting 2x more than risk,
Stop loss move to break even
position stay
2. Price is profiting 2x more than risk,
Stop loss move to break even
Handel aktiv:
1. 4H timeframe RSI is in the oversold territory with Bullish DIV.
(one of the Major reason of entering this short position = Bearish DIV @ overbought)
2. MACD is about crossing over to positive side from under.
3. price actions showing bigger candles at support, showing that a possible trend change may happen.
4. moving SL to recent swing high as trailing stops = $1.35037
5. Target still remains
(one of the Major reason of entering this short position = Bearish DIV @ overbought)
2. MACD is about crossing over to positive side from under.
3. price actions showing bigger candles at support, showing that a possible trend change may happen.
4. moving SL to recent swing high as trailing stops = $1.35037
5. Target still remains
Handel aktiv:
1. Price Reaching fib ext. 1.236 of wave 4 which is a strong fib resistance
2. closing half of position at this level
3. the rest will go for the original target
2. closing half of position at this level
3. the rest will go for the original target
Handel aktiv:
1. Target is only 0.4% away
2. Position can close manually when 4H showing Bullish Doji near Target
2. Position can close manually when 4H showing Bullish Doji near Target
Handel aktiv:
1. Trailing Stop at 1.32502 (previous Swing high)
Trade stängt: målet nått:
1. Target Reached
2. 4.33% over 45days!
2. 4.33% over 45days!
PX2
2. Target remains