롱

CHR - Buying timing and good R/R ratio

4H trend chart
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CHR has gotten rid of the downtrend line.
Also, it has met the entry condition of Vegas tunnel strategy(blue arrow)
We can buy it with great reward/risk ratio and trading strategy as below.
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Profit Targets:
a) 0.8929----Fib(1)
b) 0.9923~1.0324--------Fib(1.272~1.382)
c) 1.0756----Fib(1.5)
d) 1.2582----Fib(2)
Stop losses:
a) 0.6868-----Red horizontal ray
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Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!

EthanTW

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EthanTW