SETUP: Trendline(Higher low), Support.
ENTRY: Bull Confirmation Candle(Doji, engulfing, etc.) 15 min chart can be where entry is taken.
SL: 94.5
TP 94.8
SL can be moved to break even once price starts moving up. A trailing stop can be used as well.
TP can be taken and a small position left open with a closer trailer stop.
Price can move to the 94.48 area before retracing but if it goes down here, i will be looking to enter with bull confirmation candles as price can just break, retest and head lower.
ENTRY: Bull Confirmation Candle(Doji, engulfing, etc.) 15 min chart can be where entry is taken.
SL: 94.5
TP 94.8
SL can be moved to break even once price starts moving up. A trailing stop can be used as well.
TP can be taken and a small position left open with a closer trailer stop.
Price can move to the 94.48 area before retracing but if it goes down here, i will be looking to enter with bull confirmation candles as price can just break, retest and head lower.
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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.