potential buy
I am long because;
1. Price is at support levels, both trendline & D1/4H tf
2. JPYX is showing a sign of downwards retracent
3. Need to fill the imbalance area
4. AO shows divergence in 4H & 1H tf
5. Stoch Osc & RSI are at overbought level
Execution plan:
1. Wait for HH and HL to form in 15 min / 1H tf. No trade if no setup.
2. Stoplaoss is below the 1H previous candle.
3. Trail stoploss because the market is very volatile.
4. Divide my risks/trades into 3 equal lot sizes and targets according to the grey dashed lunes.
5. If break support the idea is invalid.
1. Price is at support levels, both trendline & D1/4H tf
2. JPYX is showing a sign of downwards retracent
3. Need to fill the imbalance area
4. AO shows divergence in 4H & 1H tf
5. Stoch Osc & RSI are at overbought level
Execution plan:
1. Wait for HH and HL to form in 15 min / 1H tf. No trade if no setup.
2. Stoplaoss is below the 1H previous candle.
3. Trail stoploss because the market is very volatile.
4. Divide my risks/trades into 3 equal lot sizes and targets according to the grey dashed lunes.
5. If break support the idea is invalid.
Trade fermée: ordre d’arrêt atteint
Stopped out at 131-264 with some profit
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.