JASMYUSD Long Scenario
After a long decline we finally have the first impulse upwards. Based on Elliot Wave analysis it seems that the market just finished it's third wave and now making a correction. I spotted a supply area between 0.618 and 0.786 Fib retracement levels so I am expecting a bounce in that zone.
Risk to reward ratio is 1 to 5.
Good luck everyone :)
Risk to reward ratio is 1 to 5.
Good luck everyone :)
Trade fermée: cible de profit atteinte
The price reached entry level and kept going down towards invalidation line. Hopefully the price did not touch stop-loss line and bounced back reaching the target. At the end we had nice trade with great risk to reward ratio. Congratulations who took this trade idea :) See you soon on the next one :)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.