[11/20] Total of 26.5 pips won! ~From the Triple Top to the 1st wave~
Hello! I’m Sucky, the Wave Trader (@skiym_aaa).
I quit my first job after three years and now work as a full-time trader.
My trading style is day trading,
and I trade every day aiming for the third wave of the Elliott Wave.
Now, let’s quickly look at the Elliott Wave that occurred yesterday (11/19)!
★ GBP/JPY 1-minute chart Night (19:56)26.5pips gained!
※ Fibonacci retracement is drawn from the end of Wave 1 toward the origin.
- Entry rationale (Wave 1認定根拠) ➡ Triple top
- Entry ➡ After a 61.8% Fibonacci retracement and MACD dead cross
- Take profit ➡ 100% of Fibonacci (6.6 pips) 161.8% of Fibonacci (19.9 pips)
- Stop loss ➡ 23.6% Fibonacci
- Point ➡ Divergence also occurred
There is a triple top while also showing divergence.
In this way, even though the pullback low isn’t broken, a large wave with overlapping fundamentals tends to become Wave 1.
Also, on the blog I explain how to take subsequent waves in the same scene. ↙
“How to Start a NEET Life at 25”
As in this case, it is possible to take waves in two steps: Wave taking in Investors Navi ➡ Wave taking on the blog, in the same scene.
Well then, see you tomorrow!
【Blog】
↓ I publish my own trading performance and the “Wave Trading” method explained here!
“How to Start a NEET Life at 25”
【Twitter】
↓ I tweet blog updates and real-time Elliott Wave examples!
