AUDJPY CONSOLIDATION POSSIBLE RESISTANCE RE-TEST. BEAR RUN
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Hi all,
It seems like a Formation, for sell set-up. i'm looking to capture some pips on the way back to the down range.
In a day time frame, the momentum of the signals traveled in a closed consolidation pattern.
Consolidation is the term for a stock or security, that is neither continuing nor reversing a larger price trend. (shown in graph)
After impulse, the signals turned into correction and moving in the consolidation. Inside, whenever the market hit the resistance it fell.
Here,i'm expecting a bearish twist to complete the TEST.
By its previous impact, the drop would be up-to 81.447.
Stay in a positive lane for good sell.
SIGNAL SPECIFICATION
Pair:AUDJPY
Order:SELL
Entry:84.108
Take profit:81.447
Stop loss:84.917
Risk Vs Reward:3.25
-------------------------------------------------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
It seems like a Formation, for sell set-up. i'm looking to capture some pips on the way back to the down range.
In a day time frame, the momentum of the signals traveled in a closed consolidation pattern.
Consolidation is the term for a stock or security, that is neither continuing nor reversing a larger price trend. (shown in graph)
After impulse, the signals turned into correction and moving in the consolidation. Inside, whenever the market hit the resistance it fell.
Here,i'm expecting a bearish twist to complete the TEST.
By its previous impact, the drop would be up-to 81.447.
Stay in a positive lane for good sell.
SIGNAL SPECIFICATION
Pair:AUDJPY
Order:SELL
Entry:84.108
Take profit:81.447
Stop loss:84.917
Risk Vs Reward:3.25
-------------------------------------------------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
Trade chiuso: obiettivo raggiunto
Happy to update. consolidation gave a solid hit.Target reached.
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