Ftmoforex
FTM/USDT 1HOUR UPDATEWelcome to this quick
FTM/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- FTM/USDT is Look bullish buy the dip green zone.
Entry:- $3.01,$3.05
Traget:- 10% to 15%
Stoploss:- $2.91
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
FTM/USDT 2HOUR SHORT UPDATE Welcome to this quick
FTM/USDT SHORT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- FTM/USDT is triangle pattern break triangle trend line retest and green zone buy
Short Entry :- $0.73
$0.75
Short Target :- 15% to 20%
Short Stoploss :- $0.77
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
GBPCHF - LONG TRADE ON DAILYThis chart shows another shorting opportunity for the Swiss Franc, with respect to the British Pound.
It is a longer trade than the previous one as the timeframe is daily. There are also two different targets and strategies that can be applied, depending on how much time you can wait for the realization of the scenario.
We see a very nice confluence of indicators and lines at the same level. When this happens, the overall idea gets strenghtened.
Indeed, at 1.22 we have the convergence of three signals. Firstly, it is the upper part of the ascending triangle and the point of control of the last downward leg. It is also the last level of the retracement area. It means that a price above it would mean that the bounce up from the minimum of 1.11 is most likely no longer to be considered as a retrace, but rather as a true impulsive up wave.
1.22 coincides with the Point of Control, the level at which most of the trades volumes were concentrated in the last period, and at which the battle between longs and shorts will be fought. Whoever wins, will pave the way and indicate the direction of the following move. This level has been tested many times and every time is gets weaker. In case of a breakout, the movement can be violent, therefore we would prefer to enter immediately and not wait for an eventual retest, that can be used to increase the position subsequently.
Targets and Risk Rewards metrics can be found on the chart.
What do you think of this idea? Let us know in the comments!
NZDCHF LONG - SHORT TERM IDEAHello Traders,
we signal a nice Head & Shoulder of continuation of the trend up for NZDCHF. The target for the pattern is 0.65.
An aggressive entry would consist in entering now, at the retest of the horizontal line which correspond to the previous top.
A more conservative approach would be to wait for the retest of the neckline of the Head & Shoulder. This would increase the odds for the realization of the pattern but also the risk to be left out of the trade, since retests do not happen every time.
The total size destined for the trade can also be split 50/50.
Which kind of trader are you?
Are you an aggressive trader who enters on breakouts or a more conservative one, waiting for retests and confirmations?
Let us know in the comments!
CHFEURHello Traders, CHFEUR is showing a similar pattern. The wedge is much more extended in this case, and the pair has to make a move to break it in one way or another. The violent bearish reaction the pair experienced after touching the dynamic resistance tells us that the priority is downward. However, the trendline has not been broken. An aggressive entry can be as the price breaks down the dynamic trendlne. A more conservative one is to wait for a retest, as 0.924 experienced many false breakouts in the past months.
The most straightforward target would be 0.92, for a trade that has approximately a 2x-3.5x Risk Reward ratio according to the chart.