Bullish Pennant pattern is observed in NZDUSD.
And the formation has begun.
I improvised a bit since I saw the signal late:
I put my Fibonacci Retracement Levels and chose 0.00 as Stop-Loss and 0.618 as Take Profit point.
Thus, the parameter contains a much higher Risk / Reward Ratio.
Bullish Pattern target is higher.
The guarantee approach has been demonstrated.
Parameters
NOTE :
This idea was created by inspiring Romeo_Deris's idea of NZDUSD.
You can see it in related ideas.
And the formation has begun.
I improvised a bit since I saw the signal late:
I put my Fibonacci Retracement Levels and chose 0.00 as Stop-Loss and 0.618 as Take Profit point.
Thus, the parameter contains a much higher Risk / Reward Ratio.
Bullish Pattern target is higher.
The guarantee approach has been demonstrated.
Parameters
- Position Size : %1 (0.01)
- Leverage : (50 - 100x)
- Risk/Reward Ratio : 2.97
- Stop-Loss : 0.64627
- Goal : 0.67407
NOTE :
This idea was created by inspiring Romeo_Deris's idea of NZDUSD.
You can see it in related ideas.
Trade active
Trade closed: target reached
Done =) Target reached with 318 pips net profit !
Related publications
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.
Related publications
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.