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Multiple Confluences on higher timeframes and lower timeframes. Note: i do not recommend taking a trade before the london session but this is a good setup because the banks has no where to go expect targeting the previous lows to take people out.
A simple assumption of price going to reverse down based on the previous article i posted.
This is one of my greatest trades so far with outstanding 1:25 risk reward ratio i literally risked $300 and made $7500 in less than 3 days so let me break it out for you. With multiple confluences on my first layout. 1-Green and pink MA cross/price rejecting my blue MA and breaking through red MA 2- BASIC Technical analysis As of keylevels/trendlines Second...
I do take my trades in very selective way i find the setup that works the most and risk 2-3 lots on it profiting a Approx 1500 on each good setup trade and the other trades which i am not very sure about '' like any other trader out there'' i risk 1-3% of my account in way which i created where i get in 3% risk in 3 different position and all these 3 positions has...
FOLLOW THE ARTICLE FOR MORE ANALYSIS Wedge pattern '''Price got Squeezed'' Confirmations on my different Moving averages Timeframes
Price is going for a retest and will go all the way down DONT FORGET TO FOLLOW DAILY FREE ANALYSIS
After retest and clear wick rejection go short.
Catch it before you lose it
We don't want to see Reversal happening at 0.904 Get out with your 70% Profit.
Basicly Guys Gold will head down Targeting the previous structure. Ending the day here. A perfect day 3000 Dollars Profit!!