Pay attention to money management.dont risk more than 2% .
Pay attention to money management.dont risk more than 2% .
I have identified two PRZ for the completion of wave C . Going into market with your own entry strategy .Don't forget money management.
This is a low risk situation for getting SELL on this pair. I suggest looking for SELL position at lower timeframe such as H1 or M15.
This is EURAUD H1 . I specify the Buy Stop and SL rates . If this scenario be right , now we're at the beginning of the bullish 3 OR C wave. Dont risk more than 2% of your balance.
This is how I look this pair . I'd rather to follow this chart on H1 to find the best rate for getting long position . About the overlap between wave 1 and 4 at this daily chart , I should explain that on higher timeframe (weekly) we have no overlap on the highest close of wave 1 and the lowest one of wave 4 . So every close under 81.345 at weekly timeframe will...
we should find the best rate on Daily , H4 or H1 (time) to get sell on USDCHF. I suggest to open at least two position .that help you to manage the trade. Dont risk more than two percent (2%) of your balance. every analysis can be fail.
This is AUD/JPY daily chart.From the high 17.04.2019 to the low 26.08.2019 market was bearish. Now near the potential reversal zone that specified by fibonacci levels we see momentum bearish guard.Thats better to follow lower timeframe (H4,H1,M30) to find the best rate to get sell(by every ones own strategy) .Of course i specified SELL STOP(low of 08.11.2019) and...