Moving as expected, watch for break, stop loss should be below wave 2.
Kommentar
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Place stop at break even if you entered as described. I target 1.36 for risk/reward of 12/1 with 2% risk. Stop is at break even and I will be looking to add after a consolidation. (this was we can build this position to target 50% return on capital) The levels are not written in stone so we adjust when needed but this was my original plan and so far so good.
Kommentare
ruthrajamanie
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good work!
ruthrajamanie
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is it possible that given the current conditions it is breaking downside?
TimStuyts
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I'm not sure what consolidation you are referring to. But in general it is certainly possible, however I'm only looking for buy trades at the moment. Only if we see a bearish acceleration followed by a consolidation I will sell the continuation.
ruthrajamanie
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my bad. i mixed it up with another pair. Good call and thanks to you i caught this from the bottom