EURCAD PERFECT FALSE BREAK TRAP RIGHT INTO 4H SUPPLY -
PLEASE IGNORE CHARTS ON THE RIGHT
IF YOUR LOOKING FOR A PICTURE PERFECT PRE SET UP
THIS IS IT
THE KEY INGREDIENTS
1ST PART OF THE SETUP
1 4H SUPPLY
2 STANDOUT SWING HIGH
3 BREAKOUT BUYERS - WHO HAVE NO CLUE OF SUPPLY-DEMAND
2ND PART
1 BEAUTIFUL REACTION AT 4H SUPPLY PINPOINT PERFECT SUPPRESSION OF MOVE UP RIGHT AT THE EDGE OF SUPPLY
2 STRONG BREAK OF SWING HIGH LEVEL
LOOKING FOR A RETRACE TO SWING LEVEL
A FEW CAVEATS TO THIS SETUP, MAIN ONE - WE DONT HAVE THE TREND WITH THE TRADE
I WILL BE WATCHING FOR REACTION AT THE LEVEL - IF I DONT SEE IT I WILL LEAVE THE TRADE , IT IS FRIDAY ANOTHER MINUS POINT
THERE ARE A FEW WAYS TO GET INTO THIS TRADE ON LOWER TIME FRAMES - PM ME IF YOU WOULD LIKE PA LESSONS
Note
PLEASE IGNORE CHARTS ON THE RIGHT
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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.