Batterfly at WWPo5 with ab=cd

Updated
SL above 1.3377, risk 1%
Entry 1.3336 (at market for me)
Target: Open
Note
snapshot
Trade active
Note
SL at 1.3336, Risk 0.5%
snapshot
Note
For those who want some intraday setup
snapshot
Note
That was fast, we've made some cash from the flag
Move SL at BE
snapshot
Note
If the market breaks below bold blue TL of this small WW this will give me the opportunity for "trailing" my SL.
snapshot
Note
Moving SL at 1.3250 (reward 2.1 %)
snapshot
Note
As you can see, I've found a simple bearish abc setup to add a position but I must wait for the market to break below 1.32 and retest 1.3224
Risk < 0.5%
Entry: 1.3224
Target: 1.3143
Note
I won't add the position. I'm waiting for the next market movement without fear or greed.
Note
Trade closed from SL
Reward 2.1% from the initial setup
snapshot
Note
I didn't forget 1.3050
AB=CDButterflybutterlflyWolfe Waveww

Also on:

Related publications

Disclaimer