Trade Risk : Reward = 6 How I find this trade ? - Key levels - Price action - Market structure
A live analysis of EURUSD -Price approach last week high and got rejected - A possible target around 120 pips
- Simple trade with top-down analysis - Hope you guys can learn something from this video Thank you for watching!
- Possible price hold at support - Price aim for resistance Risk 4% Recommend 2%
- Possible to continue downtrend - Good risk to reward Risk 4% Recommend 2%
- EURUSD currently in uptrend - Price retest - Possible continue to upside Risk 4% Recommend 2%
-Price hold at support -In uptrend -Risk 2%
- Forming Head & shoulder in 4H - Good for short set up at right shoulder -Risk 4% -Recommend 2%
- Market is in a downtrend - Major reversal - Good short opportunity Risk 4% 2% (Recommend)
- Price struggle to break below - Create a new high on the structure - We will wait for a retest - Wait for a confirmation Risk 4% Recommend 2%
- Price retest at the former resistance - Wait for today close - Will not look to enter today because of its Friday - Look to entry in a smaller timeframe - Risk 4% - Reccommend 2%
- Market in downtrend - Double top in daily - Retest in 4 hour - Risk 2 %
- At key level support - Good RR - Risk 2%
- Price at D1 downtrend resistance - Flag in downtrend - Could possible turn bearish - Risk 4% (My prefer risk) - Recommend 2%
- Break & Retest - Possible bullish confirmation - Risk 4% -Recommend 2%
- If price hold at this support, and D1 close with in yesterday low - Price could possible to turn bullish. - If break below then NZD could turn into full bearish - Risk 4% - (Recommend 2%)
Patiently waiting. We will wait for a confirmation before enter any sell. Why? Price has potential to break above as well as break below. So best is to wait. Risk: 4% (My prefer risk) Recommend 2% Risk
- Clear signal of break and retest. - D1 bearish engulfing Risk: 4% (My prefer risk) Recommend 2% Risk