1.Price is bearish in all time frames Weekly, Daily, 4H. However, as price reached a demand zone in 4H TF, we dropped to LTF 15M and waited for a break of structure i personally wanted 15M TF pull back to take out liquidity from a high but wasn't possible.
2. As liquidity is what move the market there's a ton up there which means price will go and grabbed it all, that's why i have a very extended TP which is exactly where my supply zone is in 4H TF.
2. As liquidity is what move the market there's a ton up there which means price will go and grabbed it all, that's why i have a very extended TP which is exactly where my supply zone is in 4H TF.
Ordine annullato
As price continues to do HH, I will execute my entry by looking for confirmation in lower time frame such as M1. I'll be checking the price very closely once it reaches one of my POISNota
As I said above, I removed the buy limits and waited for price to get dipper into my demand zone and from here I was going to look for confirmation in lower time frame such as M5-M1. I saw a very clear confirmation and executed my trade without hesitation. On the other hand, remember this was a very risky entry because price is actually bearish in higher time frame, we just want to trade the pull back until a strong supply zone in higher time frame is hit.So, if you got in this trade, we just hit a beautiful SL nothing more. Remember that if you have risk management there's nothing to worried about there are more setup to come always keep in mind that: A WIINING TRADE MEANS NOTHING. THE TRADE IN WHICH YOU FOLLOWED YOUR RULES IS THE REAL WINNER!
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.
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.
