hermes_fx
EssentialPreviously Ascending Triangle, had the breakout and reached the target of 5.25* usd. Following the pattern the new target is 6.37* usd. Previous swing high also around that level. Probability of attaching to target higher comparing to potential decreases.
Potential Earn Per Share : 8.00 $ Potential Risk Per Share: 3.00 $ Buy Zone: 148 - 149 Stoploss: 146.50 Target: 156.0 Risk Award Ratio: 2.66 That means it can cover the stoploss cost up to 2 times and you still can make profit.
TARGET: 71790 STOPLOSS: 68100 PROFIT PER UNIT: 2885 STOPLOSS COST PER UNIT: 900.0 RISK AWARD RATIO: 3.2 THAT MEANS 3 STOPLOSS AND ONE HEADSHOT CAN RECOVER ALL THE STOPLOSS COST AND TAKES YOU TO PROFIT.
TARGET-1: 20 (TAKE PROFIT AND WAIT FOR THE PRICE GOES ABOVE 20.60 TARGET-2: 22.50 STOP LOSS: 18.40 RISK PER PESO: 0.50 PROFIT PER TARGET- 1: 1.00 PROFIT PER TARGET- 2: 3.50
TARGET: 101.80 STOPLOSS: 93.70 EXPECTED RISK PER UNIT: 2.57 POINT EXPECTED PROFIT PER UNIT: 6.17 POINT RISK RATIO: 2.4 THAT MEANS IF THIS POSITIONS HIT THE TARGET 1 TIME, IT CAN RECOVER 2 STOPLOSS COST.
The TRY FX is facing a structural drop since the beginning of 2018. Based on delta wave theory the next target is 5.77, it can be head shot within 15 working days max.
The buy order should be entered at 162 usd or above 163.90 usd level. The stop loss has to be below 159.90 usd.
Reverse Shoulder Head Shoulder followed by symmetry triangle means a potential up movement. If the price breaks the downward trend of symmetry triangle long positions can be opened.
Hidden Bullish divergence. Target -1: 15.50 Target -2: 16.50 StopLoss: 13.60
All the technical clues are on the long side. Positive divergence and trend analysis with falling wedge is supporting the long position. Targets are highlighted on the graph. Target-1: 30 Target-2: 33.50 Stop Loss: 26.90
The bearish trend is losing the power. Upward trend should start soon. 11.28 is the killer zone for stoploss. 13.40 is good price to enter for long
The potential reverse shoulder head shoulder pattern providing us a possibility 20$ gain per share in midterm period.
The weekly closing is at highest high of whole periods. Volume and strength indicators are confirming the possible highest highs in near future.