Watch this High Probability Trade

Watch this High Probability Trade

Watch this High Probability Trade 300 169 Minimalist Trading – Best Trading Indicators for TradingView

A High Probability Trade is the one that you can never miss.

Because they are the type of Low-Risk High-Return trades that will help you increase your Trading account considerably.

The good news?

They are very easy to identify when you use the right Trading Indicators!

In fact, you can easily learn How to Identify a High Probability Trade by re-watching the live trade below.

By combining some of our best TradingView indicators (Bottoms Tops Signal, RSI Exhaustion, Levels and Zones) we were able to clearly identify the trade opportunity.

Trade setup – 21 May 2020

Watch this high probability trade Setup 1

This buy setup is very clear and simple. In particular:

    1. There’s a divergence between the price, which is moving down, and the RSI Exhaustion, which is moving up
    2. The RSI Exhaustion is bearish exhausted (colored red), which means that the price doesn’t have too much room to move any lower
    3. We have a confirmed bottom

Moreover, what makes this an even better high probability trade, is the fact that all these three conditions are verified just above a major support level, displayed by the Levels and Zones indicator.

The major support level should now create a significant upward pressure, which will play in our favor.

Trade update – 21 May 2020

Watch this high probability trade Setup 2

As expected, the price is moving higher.

Trade closed – 21 May 2020

Watch this high probability trade Setup 3

The price made a couple of retests but then hit the Trading Target rather easily.

We closed the trade with a 2.45x profit.

To be honest, it’s not exceptional considering our average return with similar forex setups, but it’s still extremely profitable.

In fact, if you can get a similar profit on a consistent basis, then you’re on the right path to becoming a Full-Time forex trader.

What do you think of this High Probability Trade setup?

Do you trade similar setups or do you have a totally different trading strategy?

You can share your experience with fellow traders by leaving a comment on the YouTube video above.