Prices has completed it's first upwards impulse move, I'll be waiting for a retracement to the 0.5 - 0.618 fibonnaci tracement zone for a entry signal on the smaller time frame before taking a long.
Target is based on most recent high and length of the first impulse move (AB=CD). Stops below the 0.5 retacement.
Enter between 0.9885 - 0.9855
Stop loss 0.9830
TP 1 0.9974 (Most recent high)
TP 2 1.0110 (AB=CD)
#tradingwerks
Target is based on most recent high and length of the first impulse move (AB=CD). Stops below the 0.5 retacement.
Enter between 0.9885 - 0.9855
Stop loss 0.9830
TP 1 0.9974 (Most recent high)
TP 2 1.0110 (AB=CD)
#tradingwerks