Short EURUSD at 1.057361) There was an almost "strong bearish trend"!
2) A battle has been seen between bulls and bears at base candle.
3) "Sellers" clearly won the battle!
4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened!
5) According to long term back-tests, if the price reaches the base range, it is about 65% likely to react. However, due to unpredictable market fluctuations and possible trader inaccuracies, the Win Rate of this trading system in various instruments is between 45% and 55%. Regarding the great TP to SL, this strategy is really great at money-making.
6) I will not change the SL but TP may change according to the market situations, So follow this idea.
7) Don't forget about risk management and money management principles.
Best regards , Ali
RTM
GBPUSD short now or then! 1) There was an almost "strong bearish trend"!
2) A battle has been seen between bulls and bears at base candle.
3) "Sellers" clearly won the battle!
4) There might be a economical reason behind this move. Since we are chartists, we do not necessarily need to know why this move has happened!
5) According to long term back-tests, if the price reaches the base range, it is about 65% likely to react. However, due to unpredictable market fluctuations and possible trader inaccuracies, the Win Rate of this trading system in various instruments is between 45% and 55%. Regarding the great TP to SL, this strategy is really great at money-making.
6) Don't forget about risk management and money management principles.
Best regards , Ali
BTC PRZ in 28000Based on Harmonic Elliot Principle counting we are in wave - ii - of impulsive cycle . But it doesn't complete .
We can have a " short " position till 61.8% and 76.4% of Fibo retracement levels .
so the first target is 28900 and we should Break even for second target in 28000 .
In those two level we have Potential Reverse Zone (PRZ) that we expecting for start of New Rally in BTC .
A PROBABLE SCENARIO ON GOLD BY THE STRUCTURE...!Examining the current price structure of gold, it is clear that control is currently in demand. That's why we're looking for an unused demand level like the green level to enter. The profit and loss limits of this deal are also shown in the picture above.
goldAccording to the previous analysis on gold, you can re-enter the original capital withdrawn after receiving Edward 3 at the level of 1864. Our expectation for the price target is $ 1829, which is approximately a 1 to 5 risk to Rivard. Note that you can manage your capital on lesser goals and risk less on lesser goals. To manage your capital according to my transactions, please read the complete guide in my profile. We try to have a reasonable profit from the market. Dreamy profits will cause you to lose your capital. Please enter the market with full knowledge of capital management and be committed to doing so
fantom short ideaThe price will most likely return to the starting point after being squeezed and reaching the target. We are only looking for a sell position at the top if the price reaches the set level. And in the middle of the move we will not look for buying opportunities. Please enter with the specified loss limit