noop42

Long on EURUSD (Wolfe waves on strong support)

Long
FX:EURUSD   Euro / Dollar Américain
We recently reached the support of the canal formed since summer of 2020.

Signals:
  • Weekly: We can see a StochasticRSI divergence since we touched the support zone .
  • Daily : A Wolfe wave is formed , started at the end of July, new StochasticRSI divergence since we touched the support zone , RSI divergence since June.
  • m15: Another Wolfe wave formed on the last low point of the daily Wolfe .

Entry: 1.16862 (market order at confirmation of the m15 Wolfe )
TP1: 1.17325 (Weekly S1)
TP2: 1.17690 (Weekly Pivot )
TP3: 1.18150 ( Wolfe target)
SL: 1.16498

Note: An alternative to the TP3 could be to keep the position open until we reach the half of the daily range around ~1.2000.

Feedbacks appreciated :)
Commentaire: TP1 touched
Commentaire: We're getting close to the TP2
Commentaire: Range Between tp1 & 2? (weekly pivot & s1) let's see
Commentaire: TP2 touched, stoploss moved to 1.1720