Ray
Consolidation trading plan. GbpusdLooks like the price doesn't want to go down. Consolidation condition plan. Price action. But limit order 1,2800 sl 50 pips R/R ratio 1:1 and 1:2. Enjoy!
Looking buy opportunity. EurusdAfter massive green daily candle and double bottom, I am looking short-medium term buy opportunity. Simple price action, nothing more. Buy limit 1.13468 sl below 1.129898. R/R ratio 1:1 and 1:2.
ETHUSD: Margin ScalpingSwitched up my trading style to accommodate the current market conditions. Technically we are in a "no trade zone", so all trading should be executed with extreme caution and risk management. If yo aren't confident, i would just stay out of the market. I've been short ETH lately and have been using rays off previous lows as well as channels to execute 1-3% margin trades. The ray is a powerful tool in determining areas will price will get held up in the short term. Trading within channels instead of hoping for breakouts is much easier at the moment as well.
Waiting for $BTCUSD Breakout Now we got the opportunity to see BITFINEX:BTCUSD breakout till 13.500 maybe more. We can increase the position (on #bitcoin) now and at the last fibo ray 7.500 expecting this #breakout. The main risk is to fall deeper till 5.000: I see very low volumes at this range and sometime it happens that the price is attracted by this low volume ranges. So it's important to #hodl some cash to eventually play in this lower range ;)
