EURUSD. Short setup. Risk/Reward 2.72

The idea is that the complex correction could unfold lower to hit 61.8-78.6% Fibonacci of the previous large impulse.
The last leg of the linking correction ABC looks done.
Entry current
Stop 1.1646
Target 1.1446 (although it could drop much lower if second leg will exceed by size the earlier one)

تم إغلاق الصفقة يدويًا:

will update the idea

تعليق:

Trade closed at the breakeven as I see the possible wave C develops

New Entry 1.1615-30 as shown by the green zigzag
Stop 1.1646
Target 1.1446

تعليق:

Short here 1.1594

تعليق:

Stop 1.1609
Take profit same 1.1446
R/R = 8.8

تعليق:

it looks like triangle emerged in wave X.
Then stop should be above 1.1613
Take profit also recalculated at 1.1410
R/R = 6.6

أغلقت الصفقة: تم الوصول لوقف الخسارة