jakesmalova

jakesmalova

the chart has been respecting the trend so i feel confident entering

jakesmalova

did my analysis and this a decent trade, even tho i broken my trading rule for it to break and re-test everything else is good and i believe its the one

jakesmalova

price has a clear resistant zone at the top and a stable support just need to perfect the entry nut the trade is guaranteed.

jakesmalova

i had posted a similar trade earlier but on buys without the candle breaking out the triangle, but now i have seen the clear movement of the chart and I'm certain that its a sell. Goodluck

jakesmalova

i drew this support like a week or 2 ago and its respected, price will retest 104.500 then shoot up, in summary this isn't a long term trade but just a quick money grab.

jakesmalova

My stoploss feels abit too tight so i might adjust my entry and buy lower and increase my SL by 10 pips

jakesmalova

good resistant and weekly average with a proper bearish price action candle stick, definitely a trade to look out for

jakesmalova

possible short entry and most probably might hold it until the 2ns support, deffinetly a trade to look out for.

jakesmalova

the chart doesn't get more clearer than this, low risk high rewards with proper risk managment

jakesmalova

waited for the re-test and executed, triangle breakouts are one of the best patterns due to how simple they are,

jakesmalova

it going down probable till where the horizontal line is at, I'm definitely entering again.

jakesmalova

price broke out the bearish trendline and retested for a confirmation of longs.

jakesmalova

Trust Trust Trustttt!!!! i know what i am doing if you wanna join, join.

jakesmalova

price rejected to close below the previous hourly low, simple trade that im willing to hold and see how it plays out.

jakesmalova

price will react either at 2815 or 2811, going will 15 for a sell to minimize drawdown.

jakesmalova

waited to see if the 4hr candle will close above the support and got a perfect opportunity and entered because the rejection was clear as day, 1:8 RR, nearly got stopped but still in on this one.

jakesmalova

Targert TP1 1:4 R/R close 80% after TP1 then aim hold till final TP

jakesmalova

Price will go higher but i will only take part of the profits for my TP1 and hold the rest because i have been holding on this trade for some days now and i don't like it because i don't enjoy swing trading.