Possible recovery at HTF weekly support, targeting the 0.5, 0.86
I am in at 18.9
I like this chart although it's a bit tricky requiring a small position size, upon breaking the cloud I see no reasons to why it wont just head to print -at least- a C wave at the 0.5 which is the dynamic square of 9 from the low. Taking half the position out there is wise and leaving the rest while moving the stop to B/E for a potential impulsive move.
I like this chart although it's a bit tricky requiring a small position size, upon breaking the cloud I see no reasons to why it wont just head to print -at least- a C wave at the 0.5 which is the dynamic square of 9 from the low. Taking half the position out there is wise and leaving the rest while moving the stop to B/E for a potential impulsive move.
Comment:
waiting for the cloud to break will diminish the RR equation so I decided to go in here while continuing to fill up to the 18.8.
Comment:
Holding for now, 1 month max per target
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gannbox.com
you can also contact me on Twitter :
twitter.com/Nasser_Humood
Or through TradingView's direct messages.