aibek

EURUSD. Another Chance. Buy on dips. Target 1.2556-1.2761

Pembelian
aibek Diupdate   
FX:EURUSD   Euro / Dollar AS
Earlier idea paid well as the completion of wave C of (4) was predicted accurately. (see related)
This setup is more safe as we already have wave 1 of (5) in place and current drop offers opportunity
to enter long with known stop area (below 1.2155).
Entry on dip to the area highlighted with a blue rectangle 1.2217-1.2261.
Stop below 1.2155.
Target 1.2556 (former top) - 1.2761 (61.8% of waves (1)-(3)). Orange rectangle.
Enjoy!
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Wave 2 appeared to be more complex than expected.
It finally reached the initially preset buying area (blue rectangle) between 61.8 and 78.6 Fibonacci retracement level. The wave C of 2 is equal to the wave A of 2 at the 1.2240 level, which is in the blue rectangle area. At that level the buying could start to emerge.
Trading ditutup secara manual:
The move is not convincing.
Better book profits
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