Previous setup falling wedges breakout trade work well but we still in 1st wave completion
TA:
- Forming 5th subwave of 1st wave
- Falling wedges breakout (previous)
- Strong support structure
FA:
-nil
TP:
- 50% retracement of 1st main wave
- 423.6% of extension
- Wedges previous high
-Conclusion:
- Potential Trade
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
Update idea
TA:
- Forming 5th subwave of 1st wave
- Falling wedges breakout (previous)
- Strong support structure
FA:
-nil
TP:
- 50% retracement of 1st main wave
- 423.6% of extension
- Wedges previous high
-Conclusion:
- Potential Trade
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
Update idea
Trade closed manually
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.