See above the buy limit order I have set up for the FTSE
From the Macro analysis I published in my last idea, I am expecting some downside for the FTSE over the next couple of months. Now to find a good entry!
As stated previously, I can see a test of the lower bound of the ending diagonal. EWT suggest we has just completed Wave C-1, currently in wave C-2 - a pullback to the 50% fib here is standard - h4 50/100/200 ma's have clustered just above the 618 fib. I have front run my order slightly due the the most recent strong bearish move to the downside.
Lets see can I get filled.
Good R:R for this trade. Once, my order is filled I will move my stop up to just above the local high to reduce my risk on the trade and increase the R:R.
Best of luck!
For more in-depth Analysis join me at - t.me/colgalcapital or follow me on twitter @ColGal92
From the Macro analysis I published in my last idea, I am expecting some downside for the FTSE over the next couple of months. Now to find a good entry!
As stated previously, I can see a test of the lower bound of the ending diagonal. EWT suggest we has just completed Wave C-1, currently in wave C-2 - a pullback to the 50% fib here is standard - h4 50/100/200 ma's have clustered just above the 618 fib. I have front run my order slightly due the the most recent strong bearish move to the downside.
Lets see can I get filled.
Good R:R for this trade. Once, my order is filled I will move my stop up to just above the local high to reduce my risk on the trade and increase the R:R.
Best of luck!
For more in-depth Analysis join me at - t.me/colgalcapital or follow me on twitter @ColGal92
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.