EU Quick Long (+25) _TradeGod1708

Sep 1, 2020

I predict +25 pips and more after retracement at 1.00 on the fib where A = C. Also an excellent place for those wanting to join the EU trend to the upside.

Sep 1, 2020

Note

Currently extending a wave e to make way for a violent up move. I left a red area to cover this possibility.

Sep 1, 2020

Note

The down move was a false break onto the 1.618 fib.

Sep 1, 2020

Trade closed: stop reached

Sep 1, 2020

Note

Stop reached until this pattern extended although we can recover losses on the rally up as EU is trending to the upside currently. I will update with more on some short term trades very soon.

Sep 1, 2020

Note

I was thrown of by the nature of the C wave to the upside which turned into a triangular formation with and e wave extension.