GJ Buy and Buy limits, RR 1:61 and RR 4:01
Reasons to enter buy / buy limits
1. Expecting the price go back to the EMA 21 as now it's flirting with the EMA 21, just crossed below but thinks that it's a fakey.
2. Blue slope trendline is being respected nicely for the past on the 13th of April and 12th of June, am expecting it to hit the trendline again (buy limits), but end up hitting the blue horizontal line on 148.358.
3. Enter at the fibs level of 50% (0.5), and aiming for 0% as tp, or a further retracement and buy limit on 61.8% and aiming for 0%.
4. Strong key level/ support at the light blue rectangle (143.0-143.70)
Buy at CMP 144.50
TP: 148.21
SL: 142.197 (230pips)
Buy limits @142.91
TP: 148.40
SL: 141.55 (135pips)
Do take care as it is a swing trade (long term trade), and the stop loss are huge, so do trade with minimum lot size! =D Enjoy.
1. Expecting the price go back to the EMA 21 as now it's flirting with the EMA 21, just crossed below but thinks that it's a fakey.
2. Blue slope trendline is being respected nicely for the past on the 13th of April and 12th of June, am expecting it to hit the trendline again (buy limits), but end up hitting the blue horizontal line on 148.358.
3. Enter at the fibs level of 50% (0.5), and aiming for 0% as tp, or a further retracement and buy limit on 61.8% and aiming for 0%.
4. Strong key level/ support at the light blue rectangle (143.0-143.70)
Buy at CMP 144.50
TP: 148.21
SL: 142.197 (230pips)
Buy limits @142.91
TP: 148.40
SL: 141.55 (135pips)
Do take care as it is a swing trade (long term trade), and the stop loss are huge, so do trade with minimum lot size! =D Enjoy.
Transaction en cours
Buy at cmp @144.50 would be holding of a -130 pips, but buy limit at @142.91 had entered! Good to see that. the market is still bearish, but i believe it will be still an uptrend overall, as it will tend to bounce back upwards after reaching the blue trendline =D. Do take care with your lot sizes and your stop losses.Trade fermée: ordre d’arrêt atteint
Closed manually for both buy and buy stops, as the price broke the trendline. A downtrend is expecting now.
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