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Joined Ireland
Markets Allocation
100 % forex
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USDCHF 50% | 1 EURCAD 50% | 1
raygalla raygalla EURCAD, 60, Long ,
EURCAD: EURCAD S/R Pullback - 3:1 Risk Reward
29 0 0
EURCAD, 60 Long
EURCAD S/R Pullback - 3:1 Risk Reward

Standard S/R Pullback and rebound. Presumption: 1) Price has broken Red Resistance now becoming Support. There is also a mini trend at same level. 2) Presumption is that price will go up to Green line Resistance level where profit should be taken. Risk - The Overall trend is Bearish and price could very well continue past the Red Support level where the price ...

raygalla raygalla USDCHF, W, Long ,
USDCHF: Beginning of Trend
43 0 0
Beginning of Trend

This Chart show a very basic Trend line in green with three connection points acting as support. It also show a Red resistance line at the top. Assumption: Price will bounce for a fourth time of the green trend line towards to top resistance line in red. Assumption: This could be the begining of a Trend

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