I set buy limit at the demand zone, For the Bigger picture USDCAD still bullish, The level I set to buy is the key resistance, If the price reject from the zone, It is possible to go up in the future.
Nice level to sell EurJpy, nice risk to reward. Look like the price is rejected from the resistance, and If break out down side, It will go down very fast.
Look like the price is going to break support, If the price reject from the support. It is good to bet with 1:2.12 risk per reward
This trade I put small money to trade , risk 0.5% of my port, and hopefully the price will go down to my TP. :)
I can see the price rejected from the demand zone. I got position long for US OIL, I put stop loss below the previous swing low and hopefully the price will go up to my TP1 below Fibonacci 51.25%, and It is possible too to go up to my TP2 where the risk to reward =1:3.2.
I will buy at Pull back @1202 and set stop loss not far from entry point if compare with reward. Many time when the gold price is in the ending stage of trend and prepare to change the trend, It always break the trend line and pull back then continue going to the new trend. So If I buy at pull back, I will take low risk. The price possible to go up to TP1 below...
I plan to sell below 0.7485, and set SL 50 Pips TP 100-150 Pips 1.I can see the price rejected from the very strong resistance . 2.I will wait until the price break out from the channel support, the TP @100 Pips is possible, because the price still above the strong support and FIBO 23.6%.
LOng EUR/USD RIsk:Reward 1:2.2 The price rejected from support area and may probably go up to the resistance , 23.6% Fibonacci, and the TP will be set before resistance zone. Nice risk to reward to Long
Buy at Demand level. The price false break down the strong support then come back to the demand level and prepare to go up.
Nice risk to reward to buy gold The price is rejected from Demand zone.
Buy Eur/Usd Nice risk per reward 1:2.8 1.The price rejected from lower channel and possible to go up to upper channel. 2. The risk to reward ratio is so nice. 3.The price rejected from the demand zone.