Last Update in this Uptrend !
FHZN
Right now we are correcting in a Wave 4 and are then heading for ca. 158CHF.
At the moment we will reach this level i am expecting the end of the Big Wave 1, an ABC Correction will follow very likely.
Only risk what you can afford to loose, i am only taking this trade because i already have 2 in profit.
3# Long
Entry: 134.7CHF
Profit Target: 159.5CHF
Stop Loss: 127.8
2# Long
Entry: 127.4 CHF
Profit Target: 159.5 CHF
Stop Loss: 120.4 CHF
1# Long
Entry: 116.9 CHF
Profit Target: 159.5 CHF
Stop Loss: 108.4 CHF
Right now we are correcting in a Wave 4 and are then heading for ca. 158CHF.
At the moment we will reach this level i am expecting the end of the Big Wave 1, an ABC Correction will follow very likely.
Only risk what you can afford to loose, i am only taking this trade because i already have 2 in profit.
3# Long
Entry: 134.7CHF
Profit Target: 159.5CHF
Stop Loss: 127.8
2# Long
Entry: 127.4 CHF
Profit Target: 159.5 CHF
Stop Loss: 120.4 CHF
1# Long
Entry: 116.9 CHF
Profit Target: 159.5 CHF
Stop Loss: 108.4 CHF
Trade active:
All positions are open
Trade closed: stop reached:
Stop-Loss of Position3 triggered: -5.1% Loss
Trade closed manually:
ALL POSITIONS CLOSED:
LONG1: 75% of Position = 9.3% Profit
25% of Position = 14.2% Profit
Long2: 75% of Position = 0% Profit
25% of Position = 4.1% Profit
LONG1: 75% of Position = 9.3% Profit
25% of Position = 14.2% Profit
Long2: 75% of Position = 0% Profit
25% of Position = 4.1% Profit
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Due to a heavier than expected correction, i am taking 25% Profits on Long 1# and 2#!