May 1st Bullish Scenario

1 May 2020

A possible bullish scenario for today. I am not a financial advisor this is a simple idea for the short-term. Please remember to use appropriate risk management.

Buy zone determined by a break above both 0.618 fib levels and above bottom trendline .
Targets coincide with 0.236 levels and top trendline . If we break the top trendline on the 3rd wave the target is TP2.

2 May 2020

İşlem aktif

Officially made significant moves out of the entry zone. Trade is now active, entry beyond this point is too risky.

2 May 2020

İşlem aktif

First TP has been hit. SL to entry.

4 May 2020

İşlem kapandı: durdurma seviyesi

Barely missed TP2. But Price returned to entry and trade is closed. Stil a WIN.