As detailed on my chart, I am looking for a pullback in price action to 1.22303 during market open and Asian session for about 60pips on average, then a buy position for about 100pips into LDN and NY session. A more precise TP should reveal itself with Price action. From my analysis, Monday and Tuesday should see overall bullish price action.
Comentário
⋅
Price did not pullback into my POI rather made a 38.2 retracement and fell to my price of interest. I would be taking my entry at 88.6
Comentário
⋅
I would take my entry at the 5mins BOS
Trade ativo
⋅
Trade fechado manualmente
⋅
Price came back to my entry and closed me out at BE. looking for a better entry.
Trade ativo
⋅
I am taking partial profits for today. Manage your trades
Thank you for your contribution with this large swing setup! I agree with your bullish bias. On the H4, I'm looking for a buy entry and looking to take profit at 1.26669, where the previous swing high and 127.2% Fibonacci extension line is. Please see my analysis at:
SwingingPrime
⋅
@desmondlzw, hmmm, I do not know if Price would get to that TP. I am expecting price to sell hard either in today or tomorrow's NY session. This should set the drop for the week. I believe price would take liquidity at your H4 entry and reverse. It's all part of the elliot correction I am following.