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glennmercer
6. Okt. 2016 06:30

GBPUSD Wave-X Complete with Bat: Ready to Rally Long

British Pound/U.S. DollarFXCM

Beschreibung

Hey traders! Looks like the minor degree Wave-X is complete on GBPUSD. In addition to the wave count, a bullish bat is complete and has shown some pin support. I want to buy here with a tight stop below the root of potential wave-1. If SL is hit, this is not the first wave of the rally and I don't want to be in the trade any longer. Otherwise, we have huge profit targets above including missed pivots and weekend gap level. Happy trading!

Trade ist aktiv

This one is live, my SL is 8 pips:

Trade geschlossen: Ziel wurde erreicht

T1 Hit! We need a recount on the X terminus. More updates to come. Cheers

Trade geschlossen: Stop wurde erreicht

To Clarify, Stop was reached after hitting T1 Cheers
Kommentare
purpurato59
Check this, now there's a crab.

glennmercer
Nice one, thanks for the chart
StanLeee
Did you mean stop loss reached?
glennmercer
Stan, thanks for the heads-up. T1 was achieved, but SL was then hit yes. Thanks.
StanLeee
Correct!
PrecisionFXtrading
no target reached. however I got RR of 1:1 since i moved stop to break Even and shortly after to 21pips
glennmercer
Great NRB, nice
PrecisionFXtrading
First TP1 target hit, Sl moved to BE.
PrecisionFXtrading
trade active
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