My Long Term Buy Setup

Updated
After the Sell Limit Order is successfully triggered and will run into the Take Profit, this price level is the starting point for a nice rally.
So, if you place a Buy Limit Order at the level of the TP you only have to sit and wait.

I wish you good luck and a lot of pips!

Sorry for my big mistake in my last idea as seen below.
I have just realized that the price will not fall so deep.
Only 85 pips instead of 265 pips ;)
Trade active
Sell Limit Order is triggered.
Trade closed: stop reached
My 3. Target Profit Area was faster reached as I predicted. Without any retracements or retest. Nothing. Now it is time to sell till the gap is closed.

Also on:

Related publications

Disclaimer