This is an alternative setup based on my prior trade idea.
This setup has now a confirmed ABC elliot wave pattern that normally gives potensial for high R trades. The tradesetup has a RR of 4,3 with entry at 2080 and stop at 2079 and target at 2088.
Target is now at a typical Wave 3 level that has the confluence with higher timeframe supply. I will consider trailing the the long at target it the momenentum is strong with an ATR stop.
This setup has now a confirmed ABC elliot wave pattern that normally gives potensial for high R trades. The tradesetup has a RR of 4,3 with entry at 2080 and stop at 2079 and target at 2088.
Target is now at a typical Wave 3 level that has the confluence with higher timeframe supply. I will consider trailing the the long at target it the momenentum is strong with an ATR stop.
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