mohammadsamiei

Important educational post

Education
FX:EURCHF   Euro / Swiss Franc
😎 In this tutorial, you will find out how to have a great 1:4.5 trade

🙏 Before reading this tutorial, please follow and like me

🔻 As you can see, the trend is downward

Using the top and bottom seen in the 4-hour time frame, Fibonacci was drawn

The range of 50 to 61 Fibonacci (golden zone) is too much for us to enter

we will wait
A good candle pattern is made in this range (evening star).

After the completion of the third candle, we enter the SELL position

🔴We set SL above the second candle

🟢We set TP to 1.6 Fibonacci

Simply and without the strange fluctuations of the lower time frames, we profit very easily

❌ Of course, dear friends or traders who have the knowledge can enter the SELL position by finding a good range in the GOLDEN ZONE before forming the EVENING STAR.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.