Good afternoon,
I’m expecting the price to go up from now till the end of 2022. As you will see from the chart, were just starting wave 3 (what I feel will be a good opportunity for a long term trade) Ive entered just above the 0.618 fib at 0.952 with a SL at 0.9385. The RR on this opportunity could be 10:1.
The price may retest the 0.618 fib @ 0.946, but if the price closes above the 0.970 next week its probably not coming back down for some time.
Please give me a thumbs up if you agree with this and any comments are appreciated so I can see people enjoy my ideas. (Or not as it may be)
Thanks and enjoy your weekend.
I’m expecting the price to go up from now till the end of 2022. As you will see from the chart, were just starting wave 3 (what I feel will be a good opportunity for a long term trade) Ive entered just above the 0.618 fib at 0.952 with a SL at 0.9385. The RR on this opportunity could be 10:1.
The price may retest the 0.618 fib @ 0.946, but if the price closes above the 0.970 next week its probably not coming back down for some time.
Please give me a thumbs up if you agree with this and any comments are appreciated so I can see people enjoy my ideas. (Or not as it may be)
Thanks and enjoy your weekend.