ERUJPY Bullish Shark
Wait for an entry reason between D point and invalidation level. If an entry reason is given, stops shall be ATR based. Profit targets set at the .382 & .500 C-D leg, re-stretching fib levels to price extreme if price moves lower.
Note
Entry reason given on the close of the 22:00 (GMT) candle which marks the end of trading hours for the 1st Jan bank holiday (based on my broker's quotes and trading times). I will be entering this trade when the market re-opens at 21:00 (GMT) tomorrow, 1st Jan 2019, so long as there is not a significant gap up. Happy New Year!
Trade closed: stop reached
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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.