Over all : Now the currency has high volatility and strong movement(Up trend) and has reach the significance Zone( low form year 2000). As i observed the price has been test this zone several time and from my view it could break the zone but should go down before it take further step.
From my wave count the price is inn the process of C wave(intermediate) of primary X wave and now the price neary end of (iii Wave of minuette degree)
So my trade plan is find sell opportunity base on 2 factor.
1.the price reach the key zone (Low from year 2000)
2.It near the resistance level by Fib 88.6%
I expect the price target is about at lease Fib 38.2% for iv Wave .
Warnning : This trade plan purpose for share my view and discussion not a signal and it could go wrong by the market. I'm still learnning and practice if it has some point that i wrong please give me some advice.
From my wave count the price is inn the process of C wave(intermediate) of primary X wave and now the price neary end of (iii Wave of minuette degree)
So my trade plan is find sell opportunity base on 2 factor.
1.the price reach the key zone (Low from year 2000)
2.It near the resistance level by Fib 88.6%
I expect the price target is about at lease Fib 38.2% for iv Wave .
Warnning : This trade plan purpose for share my view and discussion not a signal and it could go wrong by the market. I'm still learnning and practice if it has some point that i wrong please give me some advice.
Trade closed: target reached:
great lesson for psychology
I enter the trade by ecpect ride C wave and profit target it could go is the end of A wave but i fear pofit run out so i close the trade at 151.820 . i remeber this lesson well let follow my plan .
I enter the trade by ecpect ride C wave and profit target it could go is the end of A wave but i fear pofit run out so i close the trade at 151.820 . i remeber this lesson well let follow my plan .