Prepare for NU BUY As described before price was retracing and now it has came around 61.8% of the original impulse, So now we'll have to prepare for the BUY. I'll looking for BUY entries around 0.6760 price level, apparently which will also complete the 5 wave structure. Good Luck
Stop Loss: 0.67744 Entry Price: 0.68594 1st Target Price: 0.70357 2nd Target Price: 0.71871 Note: Entry was done at lately, but still you can have a long term trade. KEEP IT SIMPLE, KEEP IT UNIQUE :) HAPPY TRADING :) HAPPY PROFIT MAKING :)
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Sept #1 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
We can see the trend has exhausted and a head and shoulder pattern is formed. The breakdown has already happened, but wait for a retest if the SL is out of your risk limits. Cheers.
Price has brocken and closed below our daily uptrend, expecting price to continue sell side
It is clearly a breakout, we can easily see 70 pips profit from here .
As Its overall trend is bullish im expecting to take the old highs. and drop to the reversal levels and again continue the trend to the upside if the fundamentals are also in line with the direction...
It retest her old supplyzone also creates and shooting star candle from supply zone.
NZD/USD takes an support from old demand zone after channel breakout and started moving in up direction.
It break her channel as well as touches her support two times which makes double bottom. So, it shows bullish trend wait and watch.
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...