Good day, folks!
Another trade today! This is a continuation trade before the USD fundamental news. I've got some useful schematics on my chart for trading continuation momentum patterns with positive confluence in your fundamentals. You can see a swing structure BOS with validity of an internal structure: another BOS. I waited for the price to tap again into that valid order block, which also had validity of internal structure - BOS. The risk-reward (RR) is 1:4. Check the chart for detailed annotations.
I hope you find value in this trade today. Until next time!
#proptrader
#wyckoff
#supplyanddemand
#riskmanagement
Another trade today! This is a continuation trade before the USD fundamental news. I've got some useful schematics on my chart for trading continuation momentum patterns with positive confluence in your fundamentals. You can see a swing structure BOS with validity of an internal structure: another BOS. I waited for the price to tap again into that valid order block, which also had validity of internal structure - BOS. The risk-reward (RR) is 1:4. Check the chart for detailed annotations.
I hope you find value in this trade today. Until next time!
#proptrader
#wyckoff
#supplyanddemand
#riskmanagement
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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.