okay, just trying to get some perspective here, I am gonna register my perspective on every call I take from here on. Just so that am not taking something on an impulse. Here we go.
Trade 17 for my trade explorer
AUDJPY M5 - ABCD D point Sell,
Perspective:-
update,
SL triggered, closed.
Trade 17 for my trade explorer
AUDJPY M5 - ABCD D point Sell,
Perspective:-
- Short term 95.75 to 94.90 fall is steep compared to the pullback.
- Support turned resistance at 95.3 - 95.4
- confluence of D point for the current ABCD with the golden ratio for the fall from 95.7-94.9
- 127-138 confluence with D point (sort of a given)
- on M1 the structure from before is giving resistance to the counter and we just made a NSL in the downward direction
- Negatives, the steepness of CD leg and it's push through structure from below
Levels :-
- Entry at 95.368
- SL at 95.513 (161% AB)
- TP1 at 95.102 (38.2% AD)
- TP2 at 94.989 (61.8% AD)
- RR at -0.145/0.379
update,
SL triggered, closed.
I follow only one person and his strategies...