SND
EU POSSIBLE FAKE OUT. GOOD RR!Hello. Currently we're watching EU price trying to make a possible fakeout move. The price already broke New R1 & New R2. At the moment. we're seeing that the price has already entered previous fakeout level (DAILY TF). It is still hi risk to enter the trade now, we have to wait for confirmation.
Cheers!
AUDNZD Short Time!Short on DROP BASE DROP
Personaly I only take 3:1 only. If you want to hold for longer move, make sure you close your position before Weekly Demand.
SL = 10% Daily ATR + Spread
TP = Safety Target 1:1
TP Maks = Before Weekly Demand
This is educational purposes only!
Dany Indrawan Pratama
Week 47: ZSF 2021 Short OpportunityWeekly analysis for ZSF2021
Week 47: 16 to 20 November 2021
After a long rally, retracement was formed (in a mini down trend channel) and it broke to fill the Supply Zone.
There two ways to trade this formation:
(a) Aggressive Mode
Solely based on the Price Action and we can reap better Risk Reward Ratio by sacrificing a small risk.
Sell Limit at $1,153
Stop Loss at $1,160
Take Profit at $1,124
RR = 4.14R
(b) Conservative Mode
We wait for the confirmation to enter, it is a very safe trade with a decent ratio.
Sell Stop at $1,139
Stop Loss at $1,152
Take Profit at $1,124
RR = 1.31R
Use your own judgement and risk factor to decide.
My personal opinion, this week ZS will have a rather big movement and from there it will be many ranging days ahead.
If you are familiar with "Cancan Setup", you may know what I am referring to.
Disclaimer :
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.