Hello Traders This very optimistic trade is supported by : * Weekly support level * Wolfe Waves pattern on 4H * Harmonic Butterfly pattern on 4H The Risk / Reward ratio is 1 / 24 (Huge!) Happy Trading
Hello Traders Here a some concepts supporting this trade: * Price Action forming a Head and Shoulders pattern * Major Resistance level being tested * Price on a high of Multi-Years Range Risk/Reward = 1/8 Happy trading
Nice reversal pattern ( Wedge or Wolfe Wave) Risk:Reward = 1:6 Happy trading
Nothing fancy Re-test of the old resistance becoming support Risk / Reward : 1/7 Happy trading
Several concepts supporting this trade * Trend Following * Resistance becoming Support * Symmetry on Price * Tick volume spike on support level Risk / Reward = 1/11 Happy trading
Several concepts supporting this trade * Trend Following * Resistance becoming Support * Symmetry on Price and Time * Tick volume spike on support level * Inside Bar triggering the trade on the 1H chart Risk / Reward = 1/4 Happy trading
Bearish formation on USDCAD Shooting star and few divergences (AO, MACD, RSI) Risk / Reward: 1 / 4.5 Risking 0.30% of Capital Happy Trading!
Kind of long term carry trade Price touched the 0.618 retracement Massive Shooting star on daily time frame (with high volume) Risk / Reward => 1 / 25 Risking 0.30% of Capital Happy Trading
Short trade based on the retest of old support Risk/ Reward => 1/ 7 Risking 0.30% of Capital and taking 1/3 of position on first support level. Happy Trading
On purely technical view, Since the bubble cracked, I see a consolidation in a the form of a triangle pattern. Probabilities are that the trend will resume with a target at 1200$ Frome there a new bull market should start Happy trading
A Gartley pattern is present as a Elliott waves analysis forecast a possible wave C Shooting star on the daily R/R: 1/21
Technical bearish flag pattern Risk;Reward of 6 Have a good trading!
This is a technical long trade set-up based on Harmonic Trading and Elliott Waves theory. There is a Gartley pattern showing-up and a deep correction expected as a wave C. Price Action on the 1H chart triggered the trade Risk/Reward = 1:8
Nice set-up with a 7.4 Risk/Reward ratio
Trend continuation trade