Tradenessfx

How to Find a High Probability Trade in an Uptrend

Formación
OANDA:EURUSD   Euro/Dólar estadounidense
Hey Traders,

We'll show you how you can find an easy trade with a high risk-to-reward ratio using some basic concepts.


- Step One: Spot an uptrend where you have higher highs and higher lows.

- Step two: Spot the last break of structure.

- Step three: Use the Fibonacci tool and connect it from the recent lows to the recent highs.

- Step Four: Watch prices coming back to the broken structure that lines up with any Fibonacci level. ( Focus on the 50% - 61.8% - 78.6% Levels )

- Step Five: Wait for a clear bullish candle and then enter with stoploss structure

- Step Six: Take partial profits at the recent highs and the Fibonacci extensions ( - 0.27 & -0.618 )



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