Looking to short at resistance. EUR has a sharp bull run against USD and expecting a pullback to the 61% fib zone. Looking for a 3-1 r/r ratio like all trades. Could see further bull pressure, however risk management will be used precisely in this trade.
Have two t/p set. Open two lots and close one once price reaches tp 1 and close the second when price reaches tp 2. 160 pip tp to 70 pip sl. High probability trade setup. Good luck
Long EUR/JPY short term trade. Risk 30 pips to earn 90 pips. Long term bias to the downside however.
Reaching daily support levels. Weekly uptrend looking for a 3-1 r/r ratio. Risking 140 pips to have a reward of 400 pips. Swing trade. Goodluck
Risk 160 pips - gain 500 pips. Long term swing trade, viable option to short near top of resistance. Put S/L above previous highs.
I have laid out where I will be buying (at support). Follow along to see how this plays out.
Broke main support levels with a strong candle break.
New trade found. Looking to short EUR/GBP. Risk-to-reward ratio: 2.7 Shorting due to weekly downtrend bias. Daily levels at 61.8 fib. Price action is slowing down from the past uptrend and my stance on the pair is to the downside now. Lets me know what everyone thinks.
New trade found. Looking to short EUR/GBP. Risk-to-reward ratio: 2.7 Shorting due to weekly downtrend bias. Daily levels at 61.8 fib. Price action is slowing down from the past uptrend and my stance on the pair is to the downside now. Lets me know what everyone thinks.
Off the trend. Stops placed above the 23 fib. Daily downtrend.
Top of daily resistance, price moving into a wedge, top of our trend.