Hello, as you can see, resistance line was just tested for the third time. This offers us a great oportunity to make a quick profit by trading "candle color options". As always, we will place a bet on a green candle as soon as one of them closes above resistance line. We will keep on betting on a green candle untill we get stoped out by a first red candle. We will abandon this set-up if support line gets penetrated. I always update my trades as they develope, so please follow me and provide feedback in the comments bellow. Thanks.
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Our trade has been activated since green candle closed above resistance line. We have placed a bet that the next candle will be green as well.
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This set-up netted a hefty profit. After I entered this trade, there were 5 green candles in a row. Since I get paid fixed 100% profit if guess the color of the candle correctly, I made 500% on those 5 candles. Last candle (red), was a loss, so I lost 100% of my bet. In the end my profit was 400%. This doesn't happen everyday, but when it does, its great ! :)
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