TRADE PARAMETERS
Pick Date : 03/20/18
Entry : 81.13
Stop : 80.93
Target : 92.50
TRADE STRATEGY
Income Type : Swing
ENTRY
81.13 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
80.93 is 20 PIPs right outside of the low for some protection
TARGET
92.50 is the next monthly supply zone .
Zone is fresh and will be hard to break the first test.
Pick Date : 03/20/18
Entry : 81.13
Stop : 80.93
Target : 92.50
TRADE STRATEGY
Income Type : Swing
ENTRY
81.13 is a newly formed 4H demand zone . Will be doing a set and forget limit order. Price will need to have a strong move into the zone.
STOP
80.93 is 20 PIPs right outside of the low for some protection
TARGET
92.50 is the next monthly supply zone .
Zone is fresh and will be hard to break the first test.
Trade active
Price came screaming down. Trade was opened at 81.00. Took a little drawdown but it's recovering. I'll monitor itTrade active
Nice impulse up, trade is healthyTrade active
This idea is healthy. Currently up over 200+ pips with this. Will keep managing, looking to get over 1000+ pips if price breaks this weekly supply zone coming up
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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.