I am currently looking for buy opportunities on EA, as the higher time frame trend remains bullish.
However, this setup is counter-trend, since the 4H market structure is still bearish.
On the 15-minute time frame, a bullish flip has already occurred, so now the plan is to stay patient and wait for further confirmation, likely into tomorrow’s session.
This zone is a refined demand zone, which previously caused the entire move to the upside, making it a key area of interest.
For risk management:
A conservative stop-loss would be placed below the demand zone, but the risk-to-reward is not ideal.
Therefore, I will be looking for a more aggressive stop-loss placement to improve RR.
However, this setup is counter-trend, since the 4H market structure is still bearish.
On the 15-minute time frame, a bullish flip has already occurred, so now the plan is to stay patient and wait for further confirmation, likely into tomorrow’s session.
This zone is a refined demand zone, which previously caused the entire move to the upside, making it a key area of interest.
For risk management:
A conservative stop-loss would be placed below the demand zone, but the risk-to-reward is not ideal.
Therefore, I will be looking for a more aggressive stop-loss placement to improve RR.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.