The second one is a confluence trade setup with flip, MAs, fib as well as demand zone.
Trigger: 5m or 10m bullish pattern.
ملاحظة
price reacted to my first zone. It's sort of choppy. Gotta zoom in
تم فتح الصفقة
Price formed a zone on the 1m chart. Momentum looks good.
ملاحظة
With a deep retracement, price completed a ab=cd pattern before falling into the zone again.
ملاحظة
Zone got violated. I expected a rebound on my second zone. This is not a so good price action trade at least on the 1m timeframe. It's kina choppy. My entry will only give you upto 24 points. However, if you joined in the trade after price touching the zone, it'll bring you 50+ points.
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