In EUR Vs AUD the signals forming a Beautiful Bearish Monarch, which could fly too far. And make you profit.
On the hour time frame, the signals tested the resistance and got a pullback and fell on support after the IMPULSE.(Shown in graph)
At 1.54789, the signal again started to rose towards resistance from the support as a correction.
Here, the wave may move on two probabilities.
After the hit at resistance, it may grow as the Impulse (Or) A correction and impulse.
If Impulse,
It will break the trend line and fall as far it can.
If Correction,
It will give a small drop and rise again
Wait for the hit and decide the trade.
SIGNAL SPECIFICATION
Pair:EURAUD
Order:SELL
Entry: 1.55213
Take profit 1:1.54868
Take profit 2:1.54059
Stop loss:1.55399
Risk Vs Reward:5.83
------------------------------------------------------------
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward upto 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that, even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allow you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil