bogd

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Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPEUR 25% | 1 EURUSD 25% | 1 GBPCAD 25% | 1 EURAUD 25% | 1
bogd bogd GBPEUR, D,
GBPEUR: Clear Triangle Pattern, with great Risk/Reward ratio
47 0 2
GBPEUR, D
Clear Triangle Pattern, with great Risk/Reward ratio

On the graph, there is the triangle pattern, one of the most wide known phenomenon in forex trading, which makes it one of the most reliable strategy as well: waiting for the break through and opening position in the appropriate direction of the breakthrough. Good risk reward ratio: If Long then we can put stop loss at around 1.1659 and take profit at 1.2338 ...

bogd bogd EURUSD, D, Short ,
EURUSD: Good sell opportunity with a decent Risk reward ratio
47 0 0
EURUSD, D Short
Good sell opportunity with a decent Risk reward ratio

A few things here Broken support line MACD has just crossed and entered the sell zone, shown by arrow RSI has a broken pattern as well, indicated by the arrow To set stop loss level, it is clear there is a strong resistance at around 1.075, as it bounced back down twice from this price, so 1.08 is a safe level As for the Reward, Fib and previous structures show ...

bogd bogd GBPCAD, D, Short ,
GBPCAD: GBP/CAD (1D) --> TYPICAL HEAD N SHOULDERS HERE
11 0 0
GBPCAD, D Short
GBP/CAD (1D) --> TYPICAL HEAD N SHOULDERS HERE

Head n Shoulders, like shown on the chart RSI in a strong downward trend The Swings thingy has been broken AND confirmed too ---> CONFIDENT LONG-TERM SHORT HERE, JUST MATTER OF FINDING A GOOD ENTRY REALLY <--- Best of luck everyone :)

bogd bogd EURAUD, D, Long ,
EURAUD: Clear Flag Pattern on EUR/AUD (1D) -- LONG-TERM
17 0 1
EURAUD, D Long
Clear Flag Pattern on EUR/AUD (1D) -- LONG-TERM

Flags in general continue to go in the direction of trend and also looking at historical flag pattern formation particularly on EURAUD, it is clear, the trend will likely to be kept, so its just a matter of time to look for a good LONG entry! If the rectangle area is crossed, I believe it will be the best time to enter, as RSI show stable upward trend too

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