I use trend lines,resistance and support to predict market direction,,,,when price is approaching some level i look for continuation or rervesal partten to confirm my direction and i use fibbonacci retracement level to spot crucial reversals,,,i then use 1:3 risk to reward ratio,,,sometimes i use trailing top method when my trade shows that it may exceed my target,,,and i also use previous resistance/support level for my target,,,i risk not more than 30pips which help not to blow easily.
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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.