Hey Traders, As simply as this. We are gonna trade the breakout of this flag. But we are already in the trade from way below. I would not miss it! Carlos
WE HAVE TO LOOK HOW THE PRICE WILL MOVE INSIDE THE ZONE THAT IT IS NOW AND WILL LOOK FOR BREAK OUT ! MOST % HAS TO GO DOWN BECAUSE IN 1D CHART HAS FORMED A BIG DOUBLE TOP AND THE RESISTANCE @ 1.07300 IS TOO STRONG TO BREAK RIGHT NOW SO I PUTTED 1 SELL ORDER @1.05600 AND TP@1.03600 AND ONE BUY LIMIT @1.07700 AND TP@1.09200 TRADE WITH A PLAN GUYS AND WITH CARE !
Wait for breaks on purple lines either up or down i will follow that trend. Trade with your own risk.
will be watching price action closely ........ similar idea by SENIOR linked below !!
OK, so it wanted to go down a little further before giving us a trade. Looks we have the initial push up now.
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential long position for at-least 600 Pips, It has a potential for 1100 or more pips, the minimum expectation is 600 Pips from this trade ! This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points. .TP & SL are mentioned in the...