Patttern
USDCHFHello Trader's — Opportunity Verified
USD/CHF
Short ( Down 0.96430 - 0.96500
Take Profit " 0.95950 / 0.95450 / 0.94950
Stop loss " 0.97000
Risk : Reward 1 : 3.
- ( Dead Zone )
—————
Risk 2.5 % : 5 %
Account Growth Expecting " 5 % : 15 %
Risk : Reward 1 : 3
Expecting Next Movement as Short Entry
1) Retest
2) Volume Confirmation
3) Hidden Fibo Expansion
4) Pattern ( Trend + inner ) + Broken key level
5) Key level + 50 %
6) Volume Profile - Confirmation
Risk 5 % —
Risk : Reward 1 : 3
Every Tp = 5 % Account Growth
last TP = 15 % Account Growth
Stop loss = - 5 %
I wish everyone success - and Good luck
Possible EUR/JPY Short Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 120.500
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 120.500
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
Please Follow, Like,Comment & Follow :)
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
USDJPY trend continuation short opportunityGood morning traders,
USDJPY shown very nice weakness on 13 februari where the price broke a very strong support zone (daily chart).
After this break i am very bearish on this pair. I think the price can continue down at least to 104,100.
So this bat pattern can be a reason to get involved with a short opportunity!
Also the RR is very attractive..
Lets see if this bat can complete.
SL: 107,786
T: 105,249
Best regards!
Bat Pattern or a Wedge GBP/JPY, 1hr Here we see a developing Bat pattern in a triangle or wedge pattern. we know that wedges generally rally out at 3/4 of the triangle, be it up or down. So what we should expect to see happen here is that the market will rally down into previous structure around the 1.618 extension of the AB leg. when the market does so, it will complete the bat pattern triggering a reverse in the market and rallying back up into the 1.618 extension of the BC leg. however, if the market breaks through the wedge at the 3/4 mark on the upside, its likely to see a similar rally, up into the 1.618 extension, but our room for profit is less. So my entries are marked at the 3/4 mark on both the upside and the downside, both long. my upside stop is placed at the current structure level around 1.8170 and that limit is placed at the 1.618 extension of the BC leg. The second option, for the bat pattern egas an entry placed at the 3/4 mark on the low side of the wedge, a stop placed at the lowest low of the bat pattern , and a stop placed at the 1.618 extension of the BC leg. Than you for you time to analyze with me, i look forward to future trades, if you do too, please like and follow, but also , comment and let me know what you think.
Thank you guys again, good Trading!