ii-iv broken, pullback to the broken ii-iv line
means: down impulse finished
speculative entry with initial SL on low...
check exchange broker value of yours for the low, should be about 2020-2120
forming and running
cannot be ruled out
with such price behaviour
new lows still possible,
but this are sign of life
no overlap of price with
the i'' of c, till,now...
iv'' running still possible
new low will just make
us draw the ii''-iv'' again
and wait it to be broken again
to get back in for a second try
with SL at the new low...
now into a trailing stop loss,
following the bottom -x? line here
as long as move clarifies
but should give us an nice trailing point if the iii is running...
entry was 2260, we are in the winning zone here, maybe for even more if the target zone at around 3100 gets reached...
at 2440 now
stays at 2440 =i'-overlap
adjustment of the failed v'' low
we are out with a winning trade of 8%, not bad for such this pair feasting itself in weakness for days now....