Risk to Reward favourable despite the fud, market will see higher prices. Record low btc on exchanges thus lack of liquidity, resulting into a volatile market. The underlying facts still stand and on-chain data points to the inevitable. Stay safe and have a great weekend guys!
The EURUSD pair is consolidating within a triangle from the 1H time frame on the chart above, with intensive buy pressure that started yesterday and could not proceed much in the early hours of today. the price has stalled with the triangular candlestick pattern. a breakout is necessary to determine the directional effect of the continuation pattern after a...
Entry point Here because...
3. Four Hour Previous Market Structure
4. Fibonacci Golden Pocket
(last Higher Low Before Break of Previous 4hr Market Structure)
5.Higher Lows Forming
6. 2 weeks of Continuous Bullish Structure
1 to 4 risk to Reward tp 1
its all about The Risk to Reward If...
Gold, the most volatile species in the Forex market. It's clearly known that gold is in the bull run for a few days and of course it would reach better highs.
However, if you look closely, there is a beautiful rising wedge forming in the lower time frame - check out 15 mins TF and a rejection candle from the supply zone, best chances that it will go down from here...
Goood morning ladies & gents.
After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside.
Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high.
Commitment of Traders data...
Just sharing a position I have just taken on GBPAUD long.
Price has broken out of the descending triangle and has managed to hold momentum outside of this pattern. It has had a lot of volume behind it so there WILL be a retracement in price - Not to worry though.
GBP is strong across a lot of currencies, and AUD weaker across the pairs I follow. Also there is no...
In today's trading episode, you will learn how to use the position size and price range tool to help you determine your trade risk to reward. I will also show you how to transfer this over to a market order using the TradingView Paper Trading account feature. Furthermore, you will learn why some of your trades do not get taken out at the exact...
Here is a well defined risk to reward ratio, Walmart has been doing great with holding the trendline and the upside is healthy.
with more covid-cases I can see their online sales getting another boost.
So what do you think? is it a good set up for entry ?
Expecting another bullish week for EURUSD. Before the real bullish move I'm expecting bears to run the market to the daily orderblock at the 1.2000 level before any further push upwards. Will start looking for further buy confirmations at the 1.2000 level specifically on Tuesday during the London /New York session. Risk reward would be greater than 2 at this point
1. Tested resistance
2. Tested resistance
3. Confirmation - bullish candles getting smaller
It couldn't get simpler than this; very clear and significant level. Great R:R. This is price action trading 101. Although the trade is very clear, SL will be used incase something unexpected happens. SL is great, it helps us protect our capital!
Hey everyone. I hope this finds you well. I apologize for my abscence recently, but I hope you have been able to pull a profit without me. Anyway, he is the trade setup. Although btc is incredibly bullish, LTC seems to be lagging just a tad.
From my wave count you can see what looks to be a nice 5 wave move, where must fib targets were hit spot on, or just a...
Looking to go long on spx500 as long as open is above 3300 or if we maintain that level will increasing buying volume, i will be aiming for 3400 - 3420 as potential target, if price closes below 3280 on high volume. i will be scaling in above my buy level on the 1 and 5 minute stops get trailed, if a stop at break even or better is hit and trade is still providing...
Here we have a risky naked trading but with risk to reward
I think its worth it ! ! ! 1:6 TRADE
STOP LOSS: 0.9060 (30 pips)
TP1: 0.9120 (30 pips)
TP2: 0.9150 (60 pips)
TP3: 0.9200 (110 pips)
TP4: 0.9270 (180 pips)
--> It might not hit all the targets but with parochial profits you will be alright ! ! !