Idea for EURUSD:
- 5 wave impulse completed.
- Broke down from corrective Rising Wedge.
- Rejected from a Tail resistance.
- Will continue the 13 year downtrend.
TP1: 1.176 420 pips
PT: 1.148 700 pips
GLHF
- DPT
- 5 wave impulse completed.
- Broke down from corrective Rising Wedge.
- Rejected from a Tail resistance.
- Will continue the 13 year downtrend.
TP1: 1.176 420 pips
PT: 1.148 700 pips
GLHF
- DPT
Trade active:
Perfect entry
Trade active:
The shorter TF dome top (scythe) was a nice short entry:
Trade active:
Longer TF (Tail) View, still room down:
Trade active:
entered descending ML channel
