The premise for this trade comes from the weekly.Last week's candle showed price could not penetrate and close within the weekly SSB which is is a very strong support area.We know price will go in the area of least resistance all things being equal,so the strong weekly SSB means the other alternative will be up.It made a some kind of doji and from here i was looking for longs. We are in between the monthly tenkan and SSB so our next price magnet zone is monthly SSB zone which also happens to be a whole number zone of 1.0900. Entry is taken on H4.
Entry: 1.08285
SL : 1.0806
TP : 1.0900
R : 3.18
Risk Management as always is critical...no trade has a 100% guarantee!
Good to be back!!
Entry: 1.08285
SL : 1.0806
TP : 1.0900
R : 3.18
Risk Management as always is critical...no trade has a 100% guarantee!
Good to be back!!
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.