The best place for Buy will be above the Support/Resistance Zone1. We can look for an accurate entry if the price will cross that Zone and H12 candle will close above. The potential target will be near the Support/Resistance Zone2. Push like if you think this is a useful idea! Before to trade my ideas make your own analyze. Write your comments and questions...
The price made a fake break of Key Level 6.71645. We can open Sell in Zone at the time. Potential profit will be in 3 times bigger than risk.
The price made a fake breakout of Key Level 1.11141 after news. We can open BUY position. Potential profit will be in 3...5 times bigger then risk.
Entry 1/2 ****STOP 8%**** We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector. The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is...
1. I will open buy if the price will make a pullback to 2860 Because there is a huge chance that it will happen The goal will be before historical high 2942 2. Near 2942 I will open Sell if there will be a fake broke Mostly price bounce 1st time from such powerful levels In that situation potential profit could be in 10 - 20 times bigger than a risk
Greetings, We had some nice price action today as you are probably aware of, we closed above previous structure high and above the purple pitchfork trendline which now acts as support. I have drawn another pitchfork in the chart and tried making it a bit clear for you. Once the red meridian line of the smaller pitchfork is broken price could potentially see price...
Entry: 42.00 Stop Loss: 45.08 TP1: 40.30 TP2: 38.85 TP3: 37.35 Close 1/3 of the position whenever touch TP1 and break even Close 1/3 of the position at TP2
Since February, GER30 has tried to cross the demand zone, however after multiple attempts, we haven't seen a major correction, just a series of up's and downs. This time, it has aggressively went down almost touching the demand zone but it is now approaching another important support line which has been in a bullish tendency since November 2013.