BASIC PASR TRADE -- FROME RESISTANCE TO SUPPORT
NZDUSD
Big boss
The price was trapped in Jan 2018.
Boss
Bull Candle last week. If short, be careful and caution.
Worker
PA - BEOB
PLAN:
NZDUSD
Big boss
The price was trapped in Jan 2018.
Boss
Bull Candle last week. If short, be careful and caution.
Worker
PA - BEOB
PLAN:
- entry below BEOB
- SL @ Swing high. If I am wrong, I will be got out by my SL.
- TP @ bottom of Strat Shadow
- R:R = 2:1
The reason to take this trade is: there is NO TREND. It is wild sildways between 0.6850 to 0.7400 on the Boss chart. So, we can have a BASIC PASR TRADE.
I know the risk is from the Boss don't give me the short single. So, I should reduce the Risk and keep caution.
thanks
best regards
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup