SPOTING THE PERFECT ENTRY ZONE
Hi Traders,
Through my experience in looking at the charts I am always trying to improve my trading skills, in this trade I would like to show you how I manage to find my best entry zone where I predict the market's turning point.
- We can see that the market is approaching a Daily major structure with a nice AB=CD move aligning almost perfectly with the 1.27 Fibonacci retracement.
The "D" move is ending right inside the Daily structure area (Red BOX).
I have set my perfect entry box (in green) at the confluence of the Fib retracement (1.27), "D" move of the AB=CD and the close of the Daily candle that set the begining of the long term structure (Red BOX).
We can also expect the RSI to enter its the extend area.
Let see what happen and happy trading.
Happy trading
Through my experience in looking at the charts I am always trying to improve my trading skills, in this trade I would like to show you how I manage to find my best entry zone where I predict the market's turning point.
- We can see that the market is approaching a Daily major structure with a nice AB=CD move aligning almost perfectly with the 1.27 Fibonacci retracement.
The "D" move is ending right inside the Daily structure area (Red BOX).
I have set my perfect entry box (in green) at the confluence of the Fib retracement (1.27), "D" move of the AB=CD and the close of the Daily candle that set the begining of the long term structure (Red BOX).
We can also expect the RSI to enter its the extend area.
Let see what happen and happy trading.
Happy trading
Trade fermée: ordre d’arrêt atteint
Note
Forget the losing trades and keep going for the next opprtunity !Transaction en cours
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.