He reached the rules retractment, maybe here is point A of ABC Correction I predict he will long from A-B, target is 61.8 - 78.6 of A stoploss if break 123.6 of A
העסקה בוטלה באופן ידני
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tp1 reached
עסקה סגורה: הגיע לסטופ
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Stoploss 0 reached
הערה
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unluck with stoploss 0 reached before reached my target 1
what do you have to say about wave 5 is it still valid
dinhchien
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@zitereok, this is the point enough power to increase or decrease to the destination that I calculated rational. For example, when I hit the Garley, Bat, Butterfly ... of candles D1, W1, I would count the elliot wave in my drawing. If you hit the previous wave, go back to the next point. To achieve the target, wave 1 must be strong enough to draw elliot. So to me, wave 1 is the wave that determines the point I take, usually if followed the latest habits, the rate of profit / risk is very high.
dinhchien
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@dinhchien, every pairs will have different rule. You have to find out the current rule of waves for your target