My idea is that BTCUSD, without any major fundamental changes, will continue further down after it's recent retracement. My initial target is the low's of August 2017. Longer time frame(s) have been glanced at and an appropriate risk/reward ratio has been set. The 1W timeframe shows the initial target roaming around the 200SMA.
My idea is that the pair will move downward, the Stochastic indicator is staying low and Fib retracement looks set to take place. Will keep this updated as it plays out, shorter time frame (5M) show's signs of further downward movement.
My idea is that the NZDJPY pair will retrace back down to previous low(s) with the 61.8% retracement level being below previous support and higher time frame charts showing a strong downward movement. I welcome input from other trader's of various experience whether or not you agree with my idea.
My idea is that the HIT share price will move upwards, if volume appears and increases. Given the height of the ASX index there is obviously risk involved. With that said a acceptable reward/risk ratio is there. Patiently waiting to see how this play's out and if the volume comes in at any point.
My idea is that the downward movement will continue, the swiss currency looks to be gaining strength as the US dollar remains weak. Initial TP set at the 0% and it will be moved depending on time. I welcome comments and feedback on my idea.
My idea is that the price will follow previous trend and price movement with a retracement up towards the 61.8 level then move downward again beyond it's previous low. The risk/reward ratio is there and favorable.
My idea is long and beyond the recent high. A gap has been created in the 4 hour time frame, which should be filled? they usually do with stocks, I don't know why, they just do. Stochastic and Fibonacci are showing good signs for a long trade.
Given the recent news for the pair I believe that my idea for a long is still intact, somewhat. A reward/risk ratio that is appealing is attracting me to this idea once again. With an immediate SL level set at 0% the risk, in my general opinion, is small.
My idea is that the NZDJPY has a strong retrace is sight. With a tight SL set above the recent test level and the initial target level set at 61.8, there is definitely a respectable reward to risk ratio.