AUDUSD SHORT IDEA VIA LUXALGO #3
Anticipating for a new LH formation. Been a while since I posted here lol
Anticipating a retracement after a strong bearish push to the downside in the daily. Entry spotted on the 30 min chart as support structure is retested for the second time. I also used my custom fib to base my sl and tp off. Risk reward on this trade is 1.25:1. 24 pip risk and 30 pip target.
GBPUSD - Pre-analysis (14.9.2018) - Higher TF structure is bearish but it seems that there is still more room for upside movement, price could potentially reach 1.31500 - 1.32000. - 4hr shows a break of structure, awaiting for the retracement. - I'm entering off a 1hr fib set up with 61.8 locked in for entries. - Stops placed just below 78.6. - 3.5:1 RR (+85...
Waiting for consolidation break for next momentum.
Potential swing entry from previous support.
Here are my upside targets for XRP for the next bull run! Let's see how the next couple months go. Add me on Instagram: @gene_bautista
1.618 LEVEL TARGET (164.5 pips). 40 pips SL. 1:4 RISK REWARD. NEW HIGHER HIGH?