Joe_Renshaw

Joe_Renshaw

Idea for a buy on BTCUSD

Joe_Renshaw

EURUSD has been an overall huge uptrend over the last few months, however we broke out of our ascending channel to the downside. Upon this we saw more downwards continuation and a temporary switch of trend. However now the market structure is starting to point more towards buys. For the last week or so we have started to see some bullish momentum and now forming...

Joe_Renshaw

sell

Joe_Renshaw

Two take profits so splitting risk.

Joe_Renshaw

Short position pending order ; 1/6 on your money. Will cancel order if price hits take profit before activating.

Joe_Renshaw

Had confirmation so went short, looking for a 1 : 10 RR looking for an increase of 20% growth from 2% risk.

Joe_Renshaw Updated 

Only 1 : 4.7 Higher risk with GBP News tomorrow.

Joe_Renshaw

Risk to Reward 1 : 6

Joe_Renshaw

Risk to Reward 1 : 6 2% for 12%

Joe_Renshaw Updated 

buy 1 : 5, 1%er

Joe_Renshaw Updated 

Risk - Reward 1 :6.3

Joe_Renshaw

Looking for a risk to reward of 1 : 2, 50ema rejection, third tap of TL and in a key zone.

Joe_Renshaw Updated 

Price has now reached a key level, and could be seeing a triple top forming.

Joe_Renshaw Updated 

Price approached a key zone and rejected TL, triple top formed. Keeping a good risk to reward 1 : 2.5

Joe_Renshaw

Risk to reward 1:2 min

Joe_Renshaw Updated 

Have set an alert at 1.82300 to see if we can have a triple top and see a big swing down to the triple bottom.

Joe_Renshaw

see how it responds to support as euro surge over end of last week smashed through that level.

Joe_Renshaw

We have rejection of 61.8 fib level, tap to the descending trend-line and bearish divergence.