2 trades can be taken on this pair as price trickles down to the support level/zone.
1st. (conservative) enter the trade from the daily light blue lines risking 95 pips to make the risk/reward being 1:5 which is great for a passive wealth created trade.
2nd. (aggressive) let price action can enter into the dark blues lines risking 30 pips to make the same amount of pips as the conservative (545 pips) making the risk/reward 1:18.
Price action is coming down in a straight path, the support level has no visible obstruction points in between the weekly resistance point, to weekly support.
2 ways to manage the trade
1. Exiting trade before price action touches the minor obstruction still having a risk/reward at 1:3
2. More aggressive approach by holding the trade passed the weekly high, price action will eventually pass the weekly highest high
1st. (conservative) enter the trade from the daily light blue lines risking 95 pips to make the risk/reward being 1:5 which is great for a passive wealth created trade.
2nd. (aggressive) let price action can enter into the dark blues lines risking 30 pips to make the same amount of pips as the conservative (545 pips) making the risk/reward 1:18.
Price action is coming down in a straight path, the support level has no visible obstruction points in between the weekly resistance point, to weekly support.
2 ways to manage the trade
1. Exiting trade before price action touches the minor obstruction still having a risk/reward at 1:3
2. More aggressive approach by holding the trade passed the weekly high, price action will eventually pass the weekly highest high
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.