USDHKD
Triple Bottom on USDHKDHello traders,
I am always on the lookout for ranging markets.
If we have triple bottoms formation then thats
a good way to go long.
The risk on buying that support is next to nothing.
If that never happens then you could buy on the breakout of resistance straight away
and set your target on the next resistance.
Trade safe, trade well
USDHKD: Time at mode signal predicts even this managed floatVery clear how the Time at mode downtrend signal here predicted the end of the decline in time...
Now we have a long signal, and it's likely to return to the 7.79 handle.
If you can trade this pair and margin requirements don't kill you, you can go long at market with stops under yesterday's low.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.