babini_Ramasimong

babini_Ramasimong

CONFIRMED CONTINUATION HIGHER ALWAYS MANAGE RISK.

babini_Ramasimong

Wait and see what price action will do at this level Always Manage Risk

babini_Ramasimong Updated 

A double top would be good as it reduces the risk and we can maximize our reward 1:5 R:R Always manage risk

babini_Ramasimong

Bigger view we have a potential bat pattern setting up provided we rally and complete at the 8.86 R:R 1:2 Always Manage Risk

babini_Ramasimong

GARTLEY PATTERN ALWAYS MANAGE RISK.

babini_Ramasimong

SHORT OPPORTUNITY PROVIDED WE GET A VALID ENTRY SIGNAL ALWAYS MANAGE RISK

babini_Ramasimong Updated 

STILL ROOM TO GO UP BUT TRADE WITH CARE AS WE ARE NEAR POTENTIAL SELLING PRESSURE

babini_Ramasimong

if there is a valid double bottom it gives the entry signal to go long as a counter trend move always manage risk

babini_Ramasimong

AS EXPLAINED ON THE CHART WAIT FOR THE CONFIRMATION OF THE PATTERN ALWAYS MANAGE RISK

babini_Ramasimong

SILVER HAS BEEN CONSOLIDATING QUITE A LOT WHICH PRESENTS AN OPPORTUNITY FOR PATTERN TRADING. HERE IS A POTENTIAL BEARISH GARTLEY TRADE WITH CARE ALWAYS MANAGE RISK

babini_Ramasimong

I DO NOT LIKE THE CYPHER BECAUSE MOST OF THE TIME IT DOESN'T GIVE OUT A 1:2 RR WHICH MAKES THE TRADE A LOW PROBABILITY TRADE AS THE RISK IS NOT WORTH THE REWARD TRADE WITH CARE ALWAYS MANAGE RISK

babini_Ramasimong

AN UGLY LOOKING ONE BUT ALL RULES ARE MET . R:R 1:2 TRADE WITH CARE AND ALWAYS MANAGE RISK

babini_Ramasimong

OPPORTUNITY TO GET INVOLVED IN A LONG OPPORTUNITY IN AND OUT PROVIDING THAT WE GET A DOUBLE TOP ENTRY WITH TIGHT STOPS AND A CHANCE TO RETEST PREVIOUS LOW

babini_Ramasimong

LOOKING AT A POTENTIAL GARTLEY PATTERN R:R 1:2

babini_Ramasimong

A DOUBLE BOTTOM WOULD BE THE PERFECT ENTRY HERE AS IT WOULD MINIMIZE RISK AND GIVE A BETTER LOOKING REWARD

babini_Ramasimong

MARKET HAS ESTABLISHED ITSELF TO BE ON THE UP SIDE , A RETRACEMENT TO PREVIOUS STRUCTURE SUPPORT WOULD BE IDEAL FOR A TRADE WITH A DECENT RISK/REWARD RATIO

babini_Ramasimong

POTENTIAL CYPHER PATTERN CYPHER ONE OF THOSE PATTERNS THAT YOU WILL RARELY EVER GET A R:R OF MORE THAN 1:2 WITH THEM. TRADE CAUTIOUSLY.

babini_Ramasimong

POTENTIAL BAT PATTERN TOO MUCH VOLATILITY ON THE POUND PAIRS THIS AFTERNOON TRADE CAUTIOUSLY,