Bear Wolfe Wave (rising wedge) near SR level
Bear Wolfe Wave (rising wedge). Im using about 10 limit orders with good risk:profit ratio here. Hoping one to be triggered.
This trading idea maybe not practical on a small timeframe because of the spread can easily trigger SL or open order. I only risk 1% from my account on every trade. Say, 1% is 100USD (10000USD balance). I divide the 1% into several small parts, say 8 part (100USD/8=12.5USD). Now I can open 8 layered limit order with good risk:reward ratio with the risk of 12.5USD...
Down trend continuation (Bear Wolf/rising wedge) near SR level and Supply/Demand area
Bull Wolf (Falling Wedge) near support level.
Bear Wolf in a down trend. Expecting downtrend continuation.
Bull wolf/falling wedge near SR level.
Falling wedge, bull wolfe wave near SR level.
Price has reached 200% fiibonacci level. Good risk:profit ratio (1:9). Bear Wolf near strong SR level
Bear Wolf near SR level and SD area
Bear Wolf near strong SR level and SD area. RSI divergence is also showing.
Bull Wolf pattern found and currently price has almost reached 200% fibonacci level. This can be a very good SL:TP ratio trade.
Bear Wolf near SR level. SR level only can be seen in Weekly TF