Win big, Loss SmallHi guys today ill be buying GBPNZD because there was a set up present in my edge.
my criteria for a good trade
1.) Has small risk
2.) Has big wins that your risk
3.) In lined with higher timeframe
4.) Has confirmations on Lower timeframe
5.) Emotionally stable
Goodluck traders see yah next trade
comment down your insights
15minchart
We've broken out, but what now?Hey everyone just a quick update. As a predicted last night, we have broken out of the ascending triangle, but I don't think it is a steady drop from here. In fact, as shown in this t.a, we might be seeing a retracement back up to the ascending triangle. I anticipate that it will go up to the 10750 area, as a type of abc correction to the prior impulse wave. Once we hit the target, I will update you from there. Thanks guys and have a nice day!
BITCOIN UPDATE ON THE 15MINS CHART.Here is an update on the 15mins chart.
3waves down from 11.2k region to 10.3k , and wave 4 is forming an expanding triangle.
Expanding triangles are five-wave triangles.
Triangles are pattern that appears usually in the middle and at the ending stages of the trend, they are usually seen in wave 4 in a motive phase and waves B & X in a corrective phase. I think I should make an educational post on triangles later.
From the chart we can see the last leg of the triangle (wave E) forming
If you're yet to enter the short position, wait for the triangle completion. I think that should be around 10.6k region or slightly higher.
From there, we can re enter a short position and ride wave 5 to the downside.
Once the correction is over, I'll post an update on the potential ending point for wave 5..
Don't forget to hit the like button if you enjoyed this short update. follow me to get more hands-on update. Share and drop your comments below if you want me to make an educational post on triangles.
Your viewpoint and questions are also welcome in the comment section.
Thanks you.
See you soon traders. Namaste
$ES_F $SPY $SPX -- Inverse h&s on 15 min15 minute chart inverse h&s on $ES_F -- same old pattern..... inverse into a floaty ass ascending wedge that floats up for ages knocking against the top trendline until it finally breaks down fast and hard... just enough to trap bears... than another inverse h&s lol, hilarious.. Powelll brrrrrr..
USOIL Market Opening BUY Available*Buy already triggered,current price also you can go with aggressive buy (because as per the other time frame confirmations)
*Target,stoploss,entry mentioned above
*Target can go further up,i mentioned minimum target
*Strictly maintain stoploss,in this situation place your stoploss manually and exit when candle close below my stoplosszone
*Risk Reward is almost 2.5+ after the 1st target if you want to go for second target use trailing stoploss
*Feel Free To Ask Any Doubts If you have
If You Want To Scalp You Can Do Scalping Also
If you want to get more lower risk trades than above leave me a comment and ill update 5 min trades more in future
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Disclaimer
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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