8th June EOS Long Position R:R 10.91
Setup - 1H Chart
- Ascending Triangle
- Histogram starting to tick up
- Elliott Wave count, it looks like we've completed Wave 2 of the minor waves.
Target Retracements at:
0.382 - $13.8730
0.5 - $13.8075
0.618 - $13.7420
0.65 - $13.7243
0.768 - $13.6488
Target 1: $15.6934
Target 2: $17.1615
Stop Loss: $13.5299
Should any of the orders not get filled, will buy on the breakout at $14.0851.
Without Risk there can be no possibility of Reward.
Alternative View
If the count is invalidated break below $13.5300, Buy into short
Target: $12.1908
Update
Setup 2
Close Position at $13.85 for a 0.90% gain
Noticed Short-term bearish signals
Closed position and switched to a short position
Laddered buys at the fib retracements.
a break below $13.5300. Will add more to my position.
a break above $14.0850. Will add more to go long.