1. Bearish pin bar sign of trend inversion 2. strong support and the same scenario of the past so there is a high probability of the same result on the support 3. under the price on the RSI 4. XABCD pattern The money risked is low for a high reward.
N.B. These lines and levels are for 15min chart only All conditions met High risk: Very High rewards P. S. THIS IS NOT A FINANCIAL ADVICE IT'S LIKE A TRADING JOURNAL TO ME
NZDUSD 4H: risk/reward favors BEARS(NEW) 🔸 Summary and potential trade setup ::: NZDUSD 4hour chart review ::: closing on range highs now ::: 6150 TOP of trading range ::: reversal possible 24-48 hours ::: Short sell from HIGHS ::: using tight SL 0.6268 ::: strategy: short from 6150 ::: TP (0.5940)
- Price could break black trendline - Look for re-test of trendlines (black & blue) - Observe price action at 70.30 - Immediate entry can be placed at 70.30 or wait on bearish candle stick formation for entry - NB: Small risk high reward trade
Possibly shorting USDCHF due to a good looking Wolfe Wave. Confluence is an ABCD pattern and possibly RSI divergence. Short order put at the green area with target and stoploss indicated on the chart, good luck! Will most likely scale down as we move towards the profit target due to the high Risk:Reward.
Today we had a great setup of a short entry with relatively low risk on 1 crude oil contract. Our reversal bar appeared with a short entry below the low of the bar and the stop loss at the high, trailed three day bars behind the price.
Small stop, very profitable trade. When this pair reaches strong resistance at 1.05000 level, expect a pop out of the market this week/next week too
It may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red...
High risk reward ratio is always with higher risk but bring us high returns - it is all about patience. We're not here to take a part - we're here to take over. August we expect pair to reach area over 120.00. Be patient.