02.02.2023
The trend is ascending. To maintain the positive profit/stop-loss ratio of your purchase, we recommend to wait for the correction first. After that, enter the trade at the enter point on the 'rollback B'.
Trading idea:
Buy at the formation of the correction of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending correction structure;
Stop-loss: under the local minimum of the descending structure;
Target price zone: local maximum. Turn the deal into no-loss at the 1:1 ratio;
The trading strategy: along with the current ascending trend.
The overall trend is ascending. After the correction to the zone of 365 ЕМА purchases at the final of the descending structure formation with the ascending structure formation can be considered.
Trading idea:
Buy at the final formation of the descending wave structure, testing the 365 ЕМА with the formation of the ascending structure;
Stop-loss: under the local minimum of the descending structure;
Target price levels: 1.2400, 1.2430;
The trading strategy: along with the current ascending trend.
The overall trend is ascending. After the correction to the zone of 365 ЕМА purchases at the final of the descending structure formation with the ascending structure formation can be considered.
Trading idea:
Buy at the final formation of the descending wave structure, testing the 365 ЕМА with the formation of the ascending structure;
Stop-loss: under the local minimum of the descending structure;
Target price levels: 1948.80, 1957.00;
The trading strategy: along with the current ascending trend.
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