Good Risk/Reward
EURAUD potential 5R bullish ideaon DAILY: EURAUD is sitting around strong support in purple 1.660 so we will be looking for objective buy setups on lower timeframes.
on M30: price formed an objective symmetrical triangle in red and broke it upward.
we also have divergence on MACD adding more confluence to our setup.
AUD Rejecting DOWNTREND LINE (H4)Hi traders!
A nice opportunity seems to apear on the AUD chart, meanwhile the price action made a huge correction to the first downtrend line and allready on h4 it made a Bearish Engulfing candddlestick pattern.
We may expect a huge falling of aud even if it fights a lot with the virus.
If you want to be conservative you can wait until 0.63464 is breaked, then enter the sell transaction.
Stop loss have to be above the last high wich is 0.65462.
Be careful at 0.61754 too.
Verry good Risk Reward/ Be careful on your money management!
If your analyse match mine, leave a comment and a like, i really apreciate it.
Remember, don't look for FAT wins because the only thing you will get is FAT !
Stay safe!
XRP USD Ripple - Get Ready For The Big Pump Hi friends
I looked at the big timeframe forming a huge downward pennant.
After which a really big movement can occur.
In order not to miss it,
Buying off in parts
0.201 (25%)
0.185 (35%)
0.16 (40%)
Stop loss 0.112
Goals per order (10-15-20-25-30%)
0.3
0.45
0.6
0.7
0.85
Risk reward 1: 8
The deal is long-term but the profit is very steep
This is just my opinion, and is not a call to action)
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EOSUSD looking very bullishHello, World!
This is my very first post, it is 10:00 am and I just woke up forgive my grammar errors.
We are seeing Eos holding support(Blue line) with more than three contacts thus making it valid support line, also the 50 ma line crossing the 100 wma line in the daily chart, this is not a Golden Cross but we have seen previously than a opposite cross usually leads to a bearish market(100 ma over 50 ma). Finally we are also forming a bullish divergence in the RSI.
GBPAUD - Upper Channel Short TradeThe pair has been chopping around in a channel for a few weeks. The current short opportunity is the best that we'll have for this pair - very high reward to risk ratio. We will not know for sure there it will go but having a high R/R will ensure profitability in the long run.
** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
EURJPY - Good ShortPlease refer to text on chart.
I like this trade here as it is a low risk, high reward entry. Obviously the higher in the purple area you can enter, the greater your reward. You must take into account your position size, risk tolerance, and how patient you are.
** Remember, we do not predict future price. We simply react to current price movements based on our interpretations of past data.
GBPNZD - Long TradePlease refer to text on chart.
Tremendous risk/reward play here if the trade works out well. Price has been consolidating for about a month now, building up very strong momentum. There will be a strong, fast, and decisive move should price break above the resistance areas.
** Remember, we do not attempt to predict future price. We simply react to current price movements based on our interpretations of past data.
CADJPY - Good Long TradePlease refer to text on chart.
Nice long entry with a defined risk point. Should price move in our favor then a 1:5 Risk:Reward ratio is possible.
** Remember, we do not attempt to predict future price movements. We react to current price based on our interpretations of past data.