Possible pullback. Market could come down as a result of big players taking profits
QP could be a good shield if broken to the downside. Great risk reward ratio
The beauty of Forex trading is that you can make more than you are actually risking. This trade has a good risk/reward ratio. In terms of liquidity, we could go down for a while at leaset to the next fractal.
Great confluence zone. Good Risk Reward Ratio. ---Swing Trade.
For a swing type of trading this is legit. Nice zone could be respected in confluence with a very strong dynamic line.
great opportunity is cooking on EURUSD. Great zone could be respected for a great deal of little risk great reward.
Just broke great floor. A retest is up. It is a matter of waiting for the best moment for entry so SL can make sense.
Nice swing opportunity. Great risk reward ratio. The floor has been tested in big time frames and has been able to reject price consistenly.
Nice .618 confluence. SL about .80% of the Fibo. TP's should start at 0 of the impulse I think
In daily TF seems price could still go up. But the structure is promissing for price to find a possible LL. I have a pretty big SL around 200 pips. Going for a big move with good risk reward ratio
This formation could be in the making. It is also a swing trade since this pair appears to move a bit slow.
The GBPCAD is currently demonstrating a downside breakout, supported by increased trading volume. This setup might present an attractive opportunity for swing traders to consider. However, establishing an appropriate stop loss (SL) may require a slightly elongated placement due to the presence of discernible significant tops within the 4-hour timeframe. The...
The EUR/CHF pair appears to exhibit a tentative or hesitant volume on the downside, suggesting a potential for a reversal and an upward movement. This could indicate a favorable juncture for a shift in direction towards an upward trajectory. The observed conditions seem to present an opportune moment for a reversal in trend, potentially offering an advantageous...
I am trading the completition of a possible M in GBPUSD SHORT. AND a possible W in EURJPY.
chfjpy looking to test a strong dynamic line. Price should bounce and keep going up. If breaks and retest, then the trade will be short. But right now we bullish
Nice .618. Stop loss should be maximum 20 pips. Entry should be anytime now or wait until price reaches .618.
Great risk reward ratio. Confluence with two fibos. zone respected
I hope GBPNZD comes down a little bit for a good entry with great risk/reward ratio.