3 trades opportunity to long and short.

Short on a possible TCT setup. A candle break and close above the diagonal resistance will look for a long trade setup (CRT). Short TP on its TCT setup up to a maximum target of the potential bullish butterfly and for another opportunity to take a long/buy trade depending on future market/price action. Trade with care.

Commentaire:

Price reaching 30-50% to target 1 will put my SL to BE. Entered wits stops just above the daily price giving me a good 1:3 RRR (risking 100$ for a return of 300$, risking 1$ for a return of 3$, risking 1000$ for a return of 3000$). That is what we meant about risking vs the reward, the Risk:Reward Ratio.

Commentaire:

A daily candle lower low lower close will trigger a short/sell trade.

Transaction en cours:

Stops just above the previous day high price.