ETH / BTC trading idea for a better understanding of the work from a situation with maximum profit and minimum risk. I don’t know how else you can show and chew everything in detail ... I showed the areas for observation and the pivot point on the chart.
ETH / BTC An upward triangle ( bullish ) is forming. The potential for the full development of the goals of...
All explained in the chart. Most likely a downside. The SL should be above the Pivot point. The degree of likeness depends on supporting news and sellers causing a break through the demand zone.
Alternatively: An upside prevails above the pivot point. Or the pair shows no significant volatility.
Hi Traders,
USDZAR broken the 200 EMA shown on H4.
FX:USDZAR, Buy on H4.
RR: 1.46
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Falling wedge on 15m chart,
Hitting longer term support,
Hitting support zone around S1,
Low volume and low price meaning price will get more narrow,
Lil shooting star on the 15m frame.
Possible Long Position,
ENTRY:1.31024
TP:1.31232
SL:1.30861
Price is starting to narrow down on the shorter timeframes suggesting a potential breakout. Even if the breakout doesn't occur we still have a longer term uptrend, which is less profitable.
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