EURNZD currently at MAJOR SUPPORT LEVEL . I believe price would still be heading toward the upside . Potential gain risk reward 1 : 4
NZDUSD - LONG. Primary Target - 0.73800 Stop Loss - 0.70400 Signals: 1) Completed Cypher Pattern (D1). 2) Candlestick Bullish Reversal Pattern (D1). The 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never...
We are waiting to touch the support,then we can open a long position. If we broke resistance we will keep our positions to touch our take profit (see the chart) with a ration of 13. But if we do not break the resistance we can take our profit in the red circle. ration 3.
For those who don't think gold price will hit 1400 per ounce, this is the time to sell. Simply we can sell XAUUSD now @1286 and set SL @ 1336 (-50pointsx100contract size x safe lot size according to your account capital ) Then we can set TP @ 1226 ( +60 points , 50 points for profit 10 points for swap fees ) ..... Trade safe :-)
We can expect a long position in EUR/USD. RATIO 2.23
Hey Guys, i think we'll see here a Bat Pattern in EUR / USD at the beginning next Week. So we have a good risk reward here. It is on my Watchlist. I wish you a very nice Weekend.
Validated confluences 1.Downtrend trading with the trend 2.Support broken resistance validated 3.Trendline still validated as price action has not breached 4.Opposing level breached by short sellers 5.Continuance of Bearish sentiment
We have a high probability of a long position, but first we are waiting the broke of 1.08400 then we can open the order. TP:1.11300 SL: 1.06800. Good luck for everyone :).
To this time, we can't do anything in this Pair GBPJPY 0.02% , after breaking the support rectangle in red, we can be short with a TP:128:000 and SL:140 000. LONG TERME TRADE :) have fun and Good luck to everyone.