CHFJPY my point of view, let's discuss :)
We created a first higher high and higher lows after a strong downtrend. Elliot wave is forming and we are now waiting for the retracement (leg 4) to be formed to get into a buy.
TP? Take the equally weighted move from leg 1 and use it as a guide to set your TP on 80% of it for leg 5.
TP? Take the equally weighted move from leg 1 and use it as a guide to set your TP on 80% of it for leg 5.
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