Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
How to Find a High Probability Trade in an Uptrend
Euro / U.S. Dollar
Education
How to Find a High Probability Trade in an Uptrend
By Tradenessfx
Follow
Follow
Feb 24
2
3
3
3
Feb 24
Hey Traders,
We'll show you how you can find an easy trade with a high risk-to-reward ratio using some basic concepts.
- Step One: Spot an uptrend where you have higher highs and higher lows.
- Step two: Spot the last break of structure.
- Step three: Use the Fibonacci tool and connect it from the recent lows to the recent highs.
- Step Four: Watch prices coming back to the broken structure that lines up with any Fibonacci level. ( Focus on the 50% - 61.8% - 78.6% Levels )
- Step Five: Wait for a clear bullish candle and then enter with stoploss structure
- Step Six: Take partial profits at the recent highs and the Fibonacci extensions ( - 0.27 & -0.618 )
Bitcoin (Cryptocurrency)
breakofstructure
EURUSD
Fibonacci Confluence
GBPUSD
Gold
highprobability
strategy
Trend Analysis
uptrendchannel
Tradenessfx
Follow
Also on:
Related publications
US30 - Perfect Zigzag Pattern
by Tradenessfx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.