mansooryousafzai

mansooryousafzai

Based on the Relative Strength Index (RSI) analysis, the market trend is expected to break out in the bearish direction, and a short trade can be considered. The trade plan proposes a 1:1 risk/reward ratio and includes the following details: Short trade position Sell stop order at 0.66518 Stop loss order at 0.67952 Lot size of 0.06 Take profit levels at 0.65088...

mansooryousafzai

Based on my analysis of the Relative Strength Index (RSI) and the formation of a double top, I anticipate a bearish breakout in the trend. Therefore, I am considering taking a short trade with a 1:1 risk/reward ratio. Here is my proposed trade plan: Enter a short trade at the sell stop level of 1.07884. Set a stop loss at 1.09305 to limit potential losses if the...

mansooryousafzai

Formation of Bearish Butterfly Harmonic Reversal Pattern by using FIB tool. Point D is potential reversal zone. We can see the divergence on Point D. Trend is going to breakout in bearish direction. We will take trade of short with 1:1 risk/reward ratio. Trade Plan as follows: Sell Stop = 162.833 Stop Loss = 166.337 Lot Size = 0.03 Take Profit 1...