ADAUSD | Wave projection | Double combination - Bulltrap D-wave

A potential double combination scenario with double zz - X - triangle ABCDE with a false head & shoulders breakout D wave - could retraced as high as 0.786 fibonanci of previous wave and possible E-wave coming for liquidity zone.
A safer long entry @ wave D breakout after liquidity targeting at the next liquidity zone +110%.

Good Luck

Trade geschlossen: Ziel wurde erreicht:

Short position closed - target fibonanci 0.786 downtrend reached