EURUSD. Short setup. Risk/Reward 2.72

The idea is that the complex correction could unfold lower to hit 61.8-78.6% Fibonacci of the previous large impulse.
The last leg of the linking correction ABC looks done.
Entry current
Stop 1.1646
Target 1.1446 (although it could drop much lower if second leg will exceed by size the earlier one)

交易手动结束:

will update the idea

评论:

Trade closed at the breakeven as I see the possible wave C develops

New Entry 1.1615-30 as shown by the green zigzag
Stop 1.1646
Target 1.1446

评论:

Short here 1.1594

评论:

Stop 1.1609
Take profit same 1.1446
R/R = 8.8

评论:

it looks like triangle emerged in wave X.
Then stop should be above 1.1613
Take profit also recalculated at 1.1410
R/R = 6.6

交易结束：到达止损