SRIRAM TRANSPORT FINANCE LTD-SWINGCompany-SRIRAM TRANPRT FINANCE LTD
Buy@ 1200-1250
Stop-loss:- 1100
Target 1:-1595-1600
Target 2:-1995-2000
Risk-Reward:-1:2.5/5
Probability of setup:-73%
Any suggestions are welcome
Swing-long
AUD-CHF Support Ahead! Buy!
Hello,Traders!
AUD-CHF is trading in a downtrend
But the pair looks locally oversold
So given that a strong support level is ahead
I am predicting a rebound and a bullish correction
After the pair retests the horizontal support
Buy!
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BSV USDT LONG SWING| BSVUSDT | LONG @ 57 - 59 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 53 | PATTERN = DOUBLE TOP BREAKOUT | BITFINEX |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
AUDNZD LONG... 11RR OPPORTUNITYHey Guy,
This pair is long term bullish via the monthly timeframe. It has absorbed enough liquidity to push this pair far and beyond. What we can see is a limit order sitting on the daily demand zone. We expect price to comeback and to that zone before the push. Our price target is kinda shaky to me. I don't know how long it will take to get there might be a week or two... Who knows!
Let me know in the comments what you think.
Enjoy.
David
SILVER Swing Long! Buy!
Hello,Traders!
SILVER is trading in a local downtrend
But the price will soon hit a weekly support level
Which will most likely withstand the attack of the bears
And so the price will go up from the support
Buy!
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HOPEFULLY BULLS WILL STRIKE IN AND HIT MY TARGET.The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view.
So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i might be wrong, but that is why i keep my Risk/Reward a 2:1 minimum, that way i only have to be right 40% of the time in order to be profitable.
"Trading is not about being right most of the time, its about being profitable" - Anonymous
Trading Details:
Time Frame: 8hr
Entry: Above the high of the indecision candle
Stop loss: A few pips below the Indecision Candle
Risk/Reward: 2:1
Account Risk: 2%