Euro / Swiss FrancEducation
Important educational post
😎 In this tutorial, you will find out how to have a great 1:4.5 trade
🙏 Before reading this tutorial, please follow and like me
🔻 As you can see, the trend is downward
Using the top and bottom seen in the 4-hour time frame, Fibonacci was drawn
The range of 50 to 61 Fibonacci (golden zone) is too much for us to enter
we will wait
A good candle pattern is made in this range (evening star).
After the completion of the third candle, we enter the SELL position
🔴We set SL above the second candle
🟢We set TP to 1.6 Fibonacci
Simply and without the strange fluctuations of the lower time frames, we profit very easily
❌ Of course, dear friends or traders who have the knowledge can enter the SELL position by finding a good range in the GOLDEN ZONE before forming the EVENING STAR.
🙏 Before reading this tutorial, please follow and like me
🔻 As you can see, the trend is downward
Using the top and bottom seen in the 4-hour time frame, Fibonacci was drawn
The range of 50 to 61 Fibonacci (golden zone) is too much for us to enter
we will wait
A good candle pattern is made in this range (evening star).
After the completion of the third candle, we enter the SELL position
🔴We set SL above the second candle
🟢We set TP to 1.6 Fibonacci
Simply and without the strange fluctuations of the lower time frames, we profit very easily
❌ Of course, dear friends or traders who have the knowledge can enter the SELL position by finding a good range in the GOLDEN ZONE before forming the EVENING STAR.
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