XXL - Good trading oppurtunity for a long position.
Hi!!
Potenitial setup this week to swing long on XXL - intraday / 2-3 days swing.
-Trade with CARE
-Handle your SL below 78.6% fib - entry earlist at 50% retrace.
-Target 1:1 , 127% of last wave for swing.
-RR at least 3:1. Calculate your losses versus winnings before hand.
Keep an eye on this one!! whether it continues to 1.618 extension of wave 1 - or retraces and ready for a new move.
Enjoy,
Potenitial setup this week to swing long on XXL - intraday / 2-3 days swing.
-Trade with CARE
-Handle your SL below 78.6% fib - entry earlist at 50% retrace.
-Target 1:1 , 127% of last wave for swing.
-RR at least 3:1. Calculate your losses versus winnings before hand.
Keep an eye on this one!! whether it continues to 1.618 extension of wave 1 - or retraces and ready for a new move.
Enjoy,
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