- The only way to master this market is to never be afraid of the losses you can have with that, instead of that be able to trade with a proper risk management and risk reward, be patience, discipline, consistence and focus, and most importantly faith these characteristics will make you a great trader that you never think you could be.
- Here we have a great opportunity being formed on CADCHF:
1.Butterlfy wait to be completed;
2. Resistance zone and 0.618 Retracement Level inside the PRZ wait for test;
We have lots confluence points, that is giving us a good probability of a future short trade to be taken!
Rules:
1. Harmonic Pattern Completion - Done;
2. PRZ Hit - Done;
3. PRZ Test - Done;
4. Terminal Bar - Done;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Done;
8. Candlestick Confirmation Sign -Done;
9. RSI Reversal Sign - Done;
10. RSI Confirmation Sign - Done;
11.Risk Management - Applied;
12. Risk / Reward - 1/3.
" Put on therefore, as God's elect, holy and
beloved, a heart of compassion, kindness,
lowliness, meekness, longsuffering.
Colossians 3:12 "
- Here we have a great opportunity being formed on CADCHF:
1.Butterlfy wait to be completed;
2. Resistance zone and 0.618 Retracement Level inside the PRZ wait for test;
We have lots confluence points, that is giving us a good probability of a future short trade to be taken!
Rules:
1. Harmonic Pattern Completion - Done;
2. PRZ Hit - Done;
3. PRZ Test - Done;
4. Terminal Bar - Done;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Done;
8. Candlestick Confirmation Sign -Done;
9. RSI Reversal Sign - Done;
10. RSI Confirmation Sign - Done;
11.Risk Management - Applied;
12. Risk / Reward - 1/3.
" Put on therefore, as God's elect, holy and
beloved, a heart of compassion, kindness,
lowliness, meekness, longsuffering.
Colossians 3:12 "