1. Wait for resistance to get touched and look for a short down to the weekly support level
2. Wait for break through resistance and look for a SR flip trade with a 2:1 RR
Watch candles to see how they react around this area before making any trades.
2. Wait for break through resistance and look for a SR flip trade with a 2:1 RR
Watch candles to see how they react around this area before making any trades.
Trade active
Looks like we are going for the 2nd trade (SR flip) Trade closed: target reached
Trade played out well, Full profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.