Trading with a risk ratio of 2:1, due to the current context, you should not be greedy, and you should not be adventurous. A strong movement upward with a quick and simple gain, God willing. Gaining 5% in current context is good. Gaining 10% is amazing.
Cfx is holding it's trend nicely Consider opening a long Position with a tight SL Stop and targets on chart
Opened a long Position at 214 Expected a quick rebound to achieve a new higher high.
In my opinion, the recent rises are nothing but a new correction wave and the forced removal of old bears from the system to make room for new bears. A Short position should work perfect if we could reach the area between 1.7 & 1.8 And we can book some profits starting from 1.555
After a series of successive rises that pushed its price from 0.05 to more than 200%, it is time for it to take a temporary break. It was clear from the chart that the suffering was felt in the 0.15 area and it is time to retest previous supports if there is any intention among the bulls to push towards new heights. I expect a successive and temporary decline over...
I think there is a cup and handle pattern that promotes positive forward movement The trade was opened with a tight stop loss to reduce the impact of violent fluctuations in the market. Entry : 0.059 Stop : 0.054 TP1 : 0.065 TP2 : 0.071 TP3 : 0.077