UK 100 Short term trade opportunity (Long)
This ended with an ending 5th wave diagonal which means that I can put in a tight stop loss at the place where wave 5 of 5 becomes longer than wave 3 of 5. The reason why I can do this is that wave 3 cannot be the shortest, so at the price where wave 3 becomes the shortest, this is where I have put my stop loss.
The take profit is between the 0.236 and 0.382 retracements of all 5 waves.
Again I have taken this trade with real money and at the time of writing this I am already in profit.
Best of luck and happy to answer any questions.
The take profit is between the 0.236 and 0.382 retracements of all 5 waves.
Again I have taken this trade with real money and at the time of writing this I am already in profit.
Best of luck and happy to answer any questions.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.