Hi traders,
Enter a position after breakout from the red zones in 30m TF. We recommend a position on retest at the zone in 15m TF. Ensure proper risk management and follow systematic profit booking.
Happy trading.....
Hi traders,
Enter a position after breakout from the red zones in 30m TF. The trendline breaks can be used for scalping. We recommend a position on retest at the zone in 15m TF. Ensure proper risk management.
Happy trading.....
Hey guys, here with another simple one!
Expecting price to retrace into the golden zone within 50% of the Fibonacci.
1. Sell limit order when in Golden Zone, sell is supported by previous support turned resistance.
2. T/P on the 40pip mark to the downside
Thank you!
Happy Trading
V
Notes--> RSI has enough steam to get into the golden zone at any given...
On significant resistance level - FX:USDJPY 40 pips in 4.5 hours
Doji and a following Bearish hanging man - could have entered here, little riskier but better RR
Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going
at either entry point, very little draw down . much easier to trade...
