Better ead somewhere else about the entry rules...
entry below the inside bar or below the mother candles low.
take partial profits after 1:1 gain is reached compared to the stopploss level (10 pips above inside bar / or above the high (more save).
this is not a trade call
trade at own luck and risk
have a nice week.
ROOOAR!! WOULD BE FINEST RISK TO REWARD RATIO!
I MARKED ENTRY PRICE ZONE AND DREW A SUGGESTION FOR A TIME PROJECTION AS WELL
I MAKE A SUGGESTION FOR A STOPPLOSS AND I HIGHLY RECOMMEND THAT YOU CALCULATE YOUR RISK PROPERLY:
THE MONEY YOU WOULD LOSE WHEN STOPPLOSS WILL BE HIT SHOULD NOT BE MORE THAN 1-2% OF YOUR WHOLE TRADING ACCOUNT.
HAVE FUN, LOVE WHAT YOU DO...
LADIES AND BOYS
HERE IS MY PREDICTION FOR AUDJPY WITH MY TIME AND PRICE PREDICTION COMBINED WITH A POTENTIAL AB = CD MOVE
PLEASE CONSIDER INGNORING THAT TRADE BECAUSE IT IS AGAINST THE BIGGER AND STRONG UPTREND.
TRADE WITH CARE DONT RISK TOO MUCH AND LOVE WHAT YOU ARE DOING!
LADIES AND GENTLEMEN
ACCORDING TO MY ANALYSIS IT IS LIKELY THAT WE GET A DOWNMOVE FROM THE MARKED RED LINES
WATCH OUT FOR SELLS THERE
CALCULATE YOUR RISK! DONT RISK MORE THAN 1-2% OF YOUR ACCOUNT ON THE STOPPLOSS!
HAVE FUN AND LEAVE A LIKE
reasons to look for a trend reversal can be found in the fib trend based extention 1.0-1.23 together with the 0.77 fib retracement of the upmove.
all in all the price acount to the downside looks very corrective so i expect an impulse to come sooner or later.
watch out for whatever price action you like to trade or look for structural patterns, break out of...
Buy with tight stopploss and put to breakeven when near the upper trendline.
after that one more down is possible but it might break out as well.
dont risk too much on that trade idea's stopploss. not more than 1% of your account.
anotehr idea is to trade with stopploss at zero because it is very unlikely that silver will ever drop
to zero, right? make sure that...