RiosTrades

RiosTrades

Very Simple yet very accurate response to the set of data given to us by BTCUSD, waiting for the accumulation phase to come to an end confirming the excessive amount of orders in Bitcoin. Waiting for the initial breakout above consolidation. Buy Stops would be a great idea.

RiosTrades

Waiting for Price to Bounce of Resistance giving us leverage to enter in a buy with optimal risk-reward. We are in a Bullish Market, therefore looking for Retracements and Opportunities to set Long.

RiosTrades

Waiting on Price Action to Break Below therefore needing to retrace to its previous level that was broken (minor swap level). Proper Candlestick pattern will Confirm entry to the downside.

RiosTrades

After a long race uphill on USDHUF, finally price made its way to a negative interest of buy orders and decided to narrow lower and lower until breaking out of its well respected channel. Entry idea would be to wait for both the finish of the breakout impulse and wait patiently for price to retrace properly before entering short for optimal risk-reward.

RiosTrades

Currently waiting on Price Action to breakout of its Descending Channel, leading us back to potentially a higher set of historical data as we have reason to proceed Long. Fibonacci / Completion of Exhaustion will be necessary before entering with proper Risk - Reward.

RiosTrades

Too late for entry on the south side of this trade, currently waiting for a minimized risk for our highest potential reward scenario. Waiting for Price Action to show out at our area of support.

RiosTrades

Carefully watching Price Action as it closes at our ideal level of Support (Major). Waiting for Pattern Confirmation, if price decides to break below then we can use the same level as a level of Resistance and wait for an exhaustion after the completed impulsive move.

RiosTrades

Entrance idea is to wait for weekend gap to be filled due to risk appetite over the weekend (holding positions), Sell Limits may be place with a tight SL to prevent a higher loss amount. This is a Bearish Trend Continuous Idea using Fibonacci Retracement

RiosTrades

Following up a weak trend line, gives me more reason to not gamble capitol and move bullish on this pair. I'd rather let price action move and decide where its going and then enter myself into the market. I'd like to see price make its way up to an interesting area to short, 61.8 looks like the right spot to speculate candlestick confirmation to enter short.

RiosTrades

The Aussie showed lots of momentum being built when touching its Major Support Zone, patiently waiting for confirmation to enter bullish with a completion of exhaustion by using structural price action + fibonacci.

RiosTrades

Patiently waiting for Bitcoin to breakout of its descending parallel channel for a high potential target of +800-1200 pips, Buy Stop orders above last highest wick in case price action decides to fake out and activate orders just to stop loss them.

RiosTrades

Waiting for completion of exhaustion & price to rest out ascending trendline (breakout pattern) speculating candlestick reading for entrance.

RiosTrades

Price has rallied at an interesting area, leaving us with one last question which is how to enter since price has already made its way down some. I'd like to see a completion of impulsive wave and potentially enter a fibonacci retracement level for a trend continuation.

RiosTrades

Waiting for Completion of Exhaustion with price retracing at the 38% & retesting our breakout descending trend line. Looking for a reversal pattern or reversal candle stick momentum switch up.

RiosTrades

Through historical data it shows EURUSD enjoys Double Tops/Bottoms to show us trend reversals, therefore i'm waiting for price action to show us price retesting new support again by forming a Double Bottom for a high reward. 4hr cannot close below wick of previous test of support.

RiosTrades

I will be seizing the opportunity with the most optimal risk to reward ratio, i'd like to see price rally high to resistance after retracing to the 38% retracement on fibonacci. 30pips at risk for potential high reward. This idea reaching invalidation would lead us to a retest of resistance being broken and entering long. We adapt to market conditions and not...

RiosTrades

Waiting for Completion of Exhaustion, Basic Phases of the Market.

RiosTrades

Will be using both Key Resistance and Support to enter the market, if price fails to enter any region and include a confident reason to enter, then we will not enter.