Last time I stepped out of trade with stop loss reached (see linked idea).
If STRAT will do similar manoeuvre like in mid August to mid September timeframe, it could visit support, which also corresponds to 0.886 Fib level and some previous lows. My area of interest is between 0.786 and 0.886 Fib levels, but for this, 0.618 level will have to get broken first.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
If STRAT will do similar manoeuvre like in mid August to mid September timeframe, it could visit support, which also corresponds to 0.886 Fib level and some previous lows. My area of interest is between 0.786 and 0.886 Fib levels, but for this, 0.618 level will have to get broken first.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Comment:
Could STRAT perform a Gartley?
Comment:
Fighting at 0.616 level:
Comment:
Let's wait for this 22k7 to get broken an then look for trade setup.
Order cancelled:
Continuing with trade setup in linked idea.
