UK 100 Short term trade opportunity (Long)

This ended with an ending 5th wave diagonal which means that I can put in a tight stop loss at the place where wave 5 of 5 becomes longer than wave 3 of 5. The reason why I can do this is that wave 3 cannot be the shortest, so at the price where wave 3 becomes the shortest, this is where I have put my stop loss.

The take profit is between the 0.236 and 0.382 retracements of all 5 waves.

Again I have taken this trade with real money and at the time of writing this I am already in profit.

Best of luck and happy to answer any questions.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out