Re-test of 136.200
Based on a weekly structure, price is attempting to form a liquidity wick to push this weeks candle up.
My idea is:
I looked through different time-frames to see where price could potentially stop and reverse back up, 136.200 was a common level on M15, M30, H1 and H4.
So now that i had a bottom, i needed to find a top and the weekly Resistance level @ 138.200 was the best exit level assuming that this weeks candle will go bullish.
If i'm stopped out, the next potential support could be 136.000 where i will take the same entry on rejection of this level.
I will be adding on my position at different price point breakouts to the top @ 136.800, 137.000 and 137.500 with most of them aiming to go to 138.000.
My idea is:
I looked through different time-frames to see where price could potentially stop and reverse back up, 136.200 was a common level on M15, M30, H1 and H4.
So now that i had a bottom, i needed to find a top and the weekly Resistance level @ 138.200 was the best exit level assuming that this weeks candle will go bullish.
If i'm stopped out, the next potential support could be 136.000 where i will take the same entry on rejection of this level.
I will be adding on my position at different price point breakouts to the top @ 136.800, 137.000 and 137.500 with most of them aiming to go to 138.000.
ملاحظة
Set the SL to +2 pips above break-evenأغلقت الصفقة: تم الوصول لوقف الخسارة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.