If the price will break the trendline, there is 60 to 70% probability that the price will go around 272,70 .
I'm just testing my strategy...so don't thake this idea seriously.
THIS IS NOT AN INVESTMENT ADVICE, I'M JUST TESTING MY STRATEGY.
I'm just testing my strategy...so don't thake this idea seriously.
THIS IS NOT AN INVESTMENT ADVICE, I'M JUST TESTING MY STRATEGY.
Trade active:
Right now should be opened a short operation because the bearish trendline has been broken as in the image below.
MAX Take Profit: around price 279,00 / 278.00 R/R RATEO: 3:52
If the trendline that confirms the buy signal with also be broken, both bearish and bullish operation will be active.
In the case the bullish operation will be activated, the max possible Take Profit will be around 287,00 . R/R RATEO: 4:70 for the early entry
R/R RATEO: 10:80 for the retest entry
If the max price on +C -C will be broken with a retest on the price level 284,00 /282,00 , followed with a trendline break, then there is high chanches that the max possibile TP of the bullish operation will be around 290,00 .
MAX Take Profit: around price 279,00 / 278.00 R/R RATEO: 3:52
If the trendline that confirms the buy signal with also be broken, both bearish and bullish operation will be active.
In the case the bullish operation will be activated, the max possible Take Profit will be around 287,00 . R/R RATEO: 4:70 for the early entry
R/R RATEO: 10:80 for the retest entry
If the max price on +C -C will be broken with a retest on the price level 284,00 /282,00 , followed with a trendline break, then there is high chanches that the max possibile TP of the bullish operation will be around 290,00 .
Trade active:
The bullish trendline was not broken, so the bullish analysis is now invalid.
The max Take Profit for the bearish operation still remains around 278,00.
The opearation is currently on profit with a R/R rateo 1: 2.80 .
If this was a real operation i defenitly would have taken out half of the operation at this point, because i see the possibility of a big retracement or even a reversal.
The max Take Profit for the bearish operation still remains around 278,00.
The opearation is currently on profit with a R/R rateo 1: 2.80 .
If this was a real operation i defenitly would have taken out half of the operation at this point, because i see the possibility of a big retracement or even a reversal.