Trade of the week: EUR/USD H1: 15-18th of May: +13.5% (+204 pips)
For more details and examples of trade, click "Examples of Trade" in the menu
This is a monster classical trade! On the 15th, on D1 this is an uptrend, on H4, we had a wave 3 and we expect a wave 5, the ewave has just crossed the zero line and the price is above the box. On H1, after a push of the price on the 12th, the price is taking a pause and has formed a beautiful box. We place a pending order just before Franfort Open which is triggered quickly (the Stop Loss is only at 15 pips), the price flies and then moves up harmoniously without going below the red line of the alligator. We exit on the 18th, after second divergence, while the candles closes below the green line for +204 pips which means +13.5% profit.
For more details and examples of trade, click "Examples of Trade" in the menu
This is a monster classical trade! On the 15th, on D1 this is an uptrend, on H4, we had a wave 3 and we expect a wave 5, the ewave has just crossed the zero line and the price is above the box. On H1, after a push of the price on the 12th, the price is taking a pause and has formed a beautiful box. We place a pending order just before Franfort Open which is triggered quickly (the Stop Loss is only at 15 pips), the price flies and then moves up harmoniously without going below the red line of the alligator. We exit on the 18th, after second divergence, while the candles closes below the green line for +204 pips which means +13.5% profit.
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