Uptrend. Analysis: Higher high. Retracement. Bullish sign. Risk reward- 1:2.5.
HIGH REWARD LOW RISK PLAY! I love this asset. It has been outperforming other Altcoins even during bitcoin’s small corrections. This is definitely one of my long holds. Caution: long the breakout or bottom of ascending triangle for max risk/reward Reasons to long: -Bullish convergence in the macd -Hidden bullish divergence on the rsi -near the bottom of...
FX:GBPAUD Currently the price makes a consolidation against the primary uptrend. Considering that the overall trend is quite bullish, movement to the long direction is more likely sooner or later. The trend makes it possible to trade with nice RR ratio. As always we cannot expect any movements from the market. Therefore, I marked the support with blue line...
I am just posting these for self reference and record. I posted this one a little later, but I got in on the breakout of d1 trendline, now acting as support. managed to get staggered entries giving me a 5:1 RR up to the tp.
A short signal just triggered on the GBPJPY. Our swing trading system will target a 5-to-1 reward for the risk taken with this trade! These sort of setups don't happen too often but when they do they make all the difference between a profitable and money-rolling-in trading month. We will be taking 50% profits at the first target area as illustrated on the chart...
My trading idea to short the gold yesterday failed miserably as the gold jumped more than 150 pips from where I plan to enter a short. However, such a volume for gold is very normal and should not be determined as a trend changer. The price shot up and is now seen resisted by a falling trendline, also the top of a previous symmetrical triangle. It was also noted...
Sup all I did some screening and TA a while back and I figured I would share my findings on this one: QVCA Check out the other idea linked below; Like, follow, and comment please! I am trying to post more now via the video feature to explain some of my crowded charts :) Manage your risk accordingly! GL HF xoxo snoop
Price is facing support-turned-resistance structure with overall trend bearish (Trend is forming) Take profit above the last swing low and SL above the Resistance structure. Reward:Risk ratio=1,6:1
Big bullish candle(some call it caffeine candle) from 15 of February established move which could reach highs from September. Pair was stopped by GAP and is on consolidation creating nice flag pattern. I would enter now or wait for pair to retest short term support established around 0.0001700 level. I'm not sure when or if the pair will go above GAP and it is...
Had my entry order placed at 1.24990 and got filled with the impulsive candle. Weak trendline but took the trade because of the good reward to risk ratio. Stop above recent highs and target at least at the last support level.
Early entry at the break of the trendline. Additionally there have been rsi divergence. Let's see if it can break the level around 0.7500 Reward to risk ratio 1.75. Stop above recent highs. Target at support level.
Break of a weak trendline. Had my entry order placed and got filled with the impulsive candle to the downside. Not my favourite trade because the trendline only had 2 clear touches but took the trade because of the really good reward to risk ratio. Stop above recent highs target at the strong support level above 1.03500
I am back with more analysis. Use them how u want them to use, this is my opinion and my way of profitable trading. I don't recommend following people blindly. U can find the other "tradetostart's" on my instagram : FXB_Buddy Check it out! The link to my website is also on there.