[10/25] A total of 116.1 pips gained! Let's believe and wait! Pound sterling trading example
Hello! I’m Saki, a wave trader (@skiym_aaa).
I quit my first company after three years and am now a full-time trader.
My trading style is day trading,
and I aim for the third wave of the Elliott Wave on a daily basis.
Now, let’s quickly look at the Elliott Wave that occurred yesterday (10/24)!
★GBP/USD 1-minute chart Night (22:01)116.1pips earned!
※ Fibonacci retracement is drawn from the end of Wave 1 toward the starting point.
- Entry rationale (Wave 1 recognition basis) ➡ Break of the swing low
- Entry ➡ MACD dead cross after 61.8% Fibonacci retracement
- Take profit ➡ 100% of Fibonacci (35.7 pips) 161.8% of Fibonacci (80.4 pips)
- Stop loss ➡ 23.6% of Fibonacci
Yesterday took some time, but eventually reached the target range (161.8%).
Elliott Wave tends to go where it goes. Believe and wait!
Well then, see you tomorrow!
【Blog】
↓ I’m sharing my own trading results and the “Wave Trading” method explained here!
“How to Start Being a NEET at 25”
【Twitter】
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