We can open short term Buy near the lower border of the Range Channel. But only after the price will make a fake breakout.
Today I want to share with 1 one type of key levels and also explain why it's so profitable for you to use it. This knowledge will save you years in trading and thousands of dollars. For a start lat`s discuss some fundamental rules in trading: 1. We trade probabilities. It means it's impossible to say with 100% accuracy current signal will close...
In this Education posit I want to share with you how to pic best places on a chart. Where to open entries with potential profit in 5...10 times bigger than a risk. I recommend to use Historical levels or Breakpoint of the trend: - Most of the retail traders set stop Losses below or above such key levels. - Stop Losses of retail traders is a Fuel for Big...
The price can bounce from this resistance again. We can trade this short term SELL with low risk.
We can looking for short term Sell entry near Mirror Level 26411.6. Potential profit will be in 3...5 times bigger than risk.
It was a fake breakout of 2-Years High 0.93065. We can open SELL after a pullback to this High. Potential profit will be in 5...10 times bigger than risk.
If you have trade SELL from the higher border of the channel you have to remember about this Support/Resistance Zone. Before the price will reach 10000 it can bounce from this place. But if it will cross Support/Resistance Zone we can open another SELL under it after pullback. The target will be 1-Months Low.
We can see support zone here. The price can bounce from Mirror Level 0.93947 again.
The best place to open BUY is near Support/Resistance Zone. Entry signal will be after fake breakout of this Zone.
EURUSD can bounce from the Mirror Level 1.11623. But don't hurry with open position. It's better to enter after fake breakout.
The price crossed 10-Months High 17.315. We can open BUY in Zone if daily candle will close above this level.
We can open BUY if: - It will be breakout of higher border of downward channel. - H4 candle will close above.
We can open Buy in Zone because: - Trend is mostly bullish now. - Next resistanse is far from Buy Zone. - Potential profit will be in 3...5 times bigger than risk.
We can open Buy near Key Level 0.96946 if the price will make a fake breakout. Potential profit will be in 5 times bigger than risk
We can open SELL near Mirror Level 11452.10. Potential profit will be in 3 times bigger than risk.
We can open Buy near Mirror Level 11095.58 because the price bounced from this level several times. Potential profit will be in 3...5 times bigger than risk.
GOLD made fake breakout of Mirror Level 1490.03. We can opn Buy in marked Zone if the price will make a pullback.
Silver is crossed out from the triangle and made a pullback to it. We can open Buy in Zone if the price will back to.