Lowrisk
Natural Gas roadmap and short term sell positionIt seems like the big h&s pattern is failing to continue and yet we broke a big trendline to the downside.
At the moment we are in a small down channel + a small bullish h&s pattern formed.
But it is also seems like the small h&s pattern is failing - will be confirmed when the tiny support will break ( marked on chart and easier to watch in 4H time frame) .
So the plan is :
enter a sell position using the 4h time frame down to the big support level and from there waiting to a bullish reversal pattern and enter buy position - unless a significant break down happens and then stay in short till 2.0 area
*please notice that both postions provide small risk and high gain.
everything is marked on the chart..
Best of luck :-)
looking for a buy position on USDCADPrice stopped on support area after forming a clear bearish h&s pattern .
Well that is a great situation to look this pattern fail.
If this pattern will fail then we just got us a nice buying opportunity with low risk and high reward.
So, the plan is to buy this pair in a smaller time frame with another failing pattern...
Best of luck :-)
BUY opportunity for EURGBPwe can see this pair in an uptrend .
Also we have got a h&s pattern and i would love to see intraday price refuse to continue this pattern down "like in the books" .
That produce a high risk reward ratio buy position.
Furthermoe, price is currently responding for a strong support area.
***DXY Nice Base Formed at the 1Hr TF. Look out for reversal.****Bullish Engulfing bar is circled. -- Risk a few pips to gain the higher reward**
*Time for a bit of consolidation at the last strong defense for bulls at the support area 93-94.*
*Highly Likely to bounce back to the initial dip.*
*Potential TP would be 95.*
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Digit Trader
High win, low risk probability on AUDCADHello guys, this is my first idea on tradingview.com My first idea is for AUD/CAD
So, before you open any short position wait for next retracement on 4H timeframe. Bears has shown more strength in last two weeks so downtrend should continue at least to support at 0.99828
GBPJPY Low Risk High Reward ShortGBPJPY is bound to retest the downward channel, as it did when it broke out of the bottom last time. It is also right on the 200 4-HR SMA, which is acting as a tough resistance, as well as the supply zone.
My last short idea did hit my original stop, but I moved my stop up because I think this will be a huge move.
As always, use proper money management