Opportunity X Risk/Reward
Good Morning ^^
First of all this is my first post in English
I am Brazilian, therefore most of my posts are at Br.Tradingview
Of course I love Forex and English is the universal way to comunicate right ? ^^,
Hope you guys like my ideas
Here, at the EURUSD chart, I wanna express an opportunity ( buying one ) at the 88,6% retr.
The blue area represents my buying zone. Where I will Look for triggers
However, price needs to get lower to that happen.
Patience, Patience ..... is key
I also ilustrate a possible "bumb up" that bulls can provide throughout the way down.
Trade = Setup+Trigger
But mostly the Risk/Reward Ratio will define if you gonna be a winner after years doing so ^^
First of all this is my first post in English
I am Brazilian, therefore most of my posts are at Br.Tradingview
Of course I love Forex and English is the universal way to comunicate right ? ^^,
Hope you guys like my ideas
Here, at the EURUSD chart, I wanna express an opportunity ( buying one ) at the 88,6% retr.
The blue area represents my buying zone. Where I will Look for triggers
However, price needs to get lower to that happen.
Patience, Patience ..... is key
I also ilustrate a possible "bumb up" that bulls can provide throughout the way down.
Trade = Setup+Trigger
But mostly the Risk/Reward Ratio will define if you gonna be a winner after years doing so ^^
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.