Long on EURUSD (Wolfe waves on strong support)

Aug 20, 2021

We recently reached the support of the canal formed since summer of 2020.

Signals:

• Weekly: We can see a StochasticRSI divergence since we touched the support zone.
  
• Daily : A Wolfe wave is formed , started at the end of July, new StochasticRSI divergence since we touched the support zone, RSI divergence since June.
  
• m15: Another Wolfe wave formed on the last low point of the daily Wolfe.
  

Entry: 1.16862 (market order at confirmation of the m15 Wolfe )
TP1: 1.17325 (Weekly S1)
TP2: 1.17690 (Weekly Pivot)
TP3: 1.18150 (Wolfe target)
SL: 1.16498

Note: An alternative to the TP3 could be to keep the position open until we reach the half of the daily range around ~1.2000.

Feedbacks appreciated :)

Aug 23, 2021

Note

TP1 touched

Aug 24, 2021

Note

We're getting close to the TP2

Aug 25, 2021

Note

Range Between tp1 & 2? (weekly pivot & s1) let's see

Aug 25, 2021

Note

TP2 touched, stoploss moved to 1.1720