TP and SL is not constant. high probability with R:R of 1:2
USDCAD 4H short R:R 1:3 trend continuation high probability
TP and SL is not constant. high probability with R:R of 1:3
Price gets rejected near upper trendline. High probability trade with good risk reward ratio of 1:3
Trendline is formed nicely. Waiting for price to move to the trendline. black candle near trendline if formed. Enter Short position at the end of black candle. SL is previous high TP1 is around R:R 1:1 TP2 is around R:R 1:2
further confirmation needed before diving in short for NZDUSD
If symmetrical triangle is formed with entry signal like inside bar or reversal bar , price is more likely to go down. A high probability trade setup with good risk: reward