Waiting for a huge sell with 1:5 RR
when price will be breaking resistance, in this case just m30 candle will be for me enough as a retest candle. After m30 touch from the downside I will enter
Price broke daily bullish trendline, made a retest and is fgoing down now. I will follow this new trend. What I'm waiting for is a good entry opportunity.
My setup:
Sell limit at 82.284
- lot size 0.02
- SL 82.559, -27.5 pips, -4.57€
- TP 81.865, +41.9 pips, +6.96€
- Risk/Reward Ratio 1.52
On Daiy TF price went deep into the supply zone. In my opinion it is to obvious to sell from here, so I expect, that big players will make a fakeout, break the resistance area, and sell from higher supply zone. I'm waiting.
My setup:
Sell limit at 1.32924
- lot size 0.04
- SL 1.33106, -18.2 pips, -4.95€
- TP 1.32055, +86.9 pips, +23.66€
- Risk/Reward Ratio 4.77
Price went very deep into supply zone with long engulfing candle, so I expect to break it and follow old bullish trend. I'm waiting for retest and swing this pair.
My setup:
Buy limit at 1.10732
- lot size 0.01
- SL 1.10337, -39.5 pips, -3.56€
- TP 1.12641, +190.9 pips, +17.20€
- Risk/Reward Ratio 4.83
Price is ranging now after hit Daily strong support. I expect new bullish trend, but now I want only trade this range.
My setup:
Buy stop at 0.84019
- lot size 0.01
- SL 0.83624, -39.5 pips, -4.7€
- TP 0.85601, +158.2 pips, +18.82€
- Risk/Reward Ratio 4.01
I'm waiting whole month for this setup, after enormous wicks at the beginning of January. Finally it is very near. I expect few pips to the upside and I want to swing it down.
My setup:
Sell limit at 1592.94
- lot size 0.01
- SL 1 603.9, -109.6 pips, -9.87€
- TP 1 537, +559.4 pips, +50.41€
- Risk/Reward Ratio 5.11
Small indecision candle before strong bullish engulfing made a demand area, which was broken very fast. That was a bullish fakeout on bearish market and this area need a retest.
My setup for this trade is a sell limit at 1.03794
- lot size 0.03
- SL 1.04106, -31.2 pips, -5.45€
- TP 1.03319, +47.5 pips, +8.30€
Risk/Reward Ratio 1.52
