We recently reached the support of the canal formed since summer of 2020.
Signals:
Weekly: We can see a StochasticRSI divergence since we touched the support zone.
Daily : A Wolfe wave is formed , started at the end of July, new StochasticRSI divergence since we touched the support zone, RSI divergence since June.
m15: Another Wolfe wave formed on the last low point of the daily Wolfe.
Entry: 1.16862 (market order at confirmation of the m15 Wolfe )
TP1: 1.17325 (Weekly S1)
TP2: 1.17690 (Weekly Pivot)
TP3: 1.18150 (Wolfe target)
SL: 1.16498
Note: An alternative to the TP3 could be to keep the position open until we reach the half of the daily range around ~1.2000.
Feedbacks appreciated 🙂
We recently reached the support of the canal formed since summer of 2020.
Signals:
Weekly: We can see a StochasticRSI divergence since we touched the support zone .
Daily : A Wolfe wave is formed , started at the end of July, new StochasticRSI divergence since we touched the support zone , RSI divergence since June.
m15: Another Wolfe wave formed on the last low point of the daily Wolfe .
Entry: 1.16862 (market order at confirmation of the m15
Wolfe )
TP1: 1.17325 (Weekly S1)
TP2: 1.17690 (Weekly
Pivot )
TP3: 1.18150 (
Wolfe target)
SL: 1.16498
Note: An alternative to the TP3 could be to keep the position open until we reach the half of the daily range around ~1.2000.
Feedbacks appreciated 🙂
