Trading Timeframe: H4
Market Trend: Day. Downtrend
Position: Buy. Counter Trend Trading
Strategy: H4 Crab Pattern + H1 Bat Pattern
RSI: H1 Divergence
Momentum: Strong force from the seller but long shadow starting to appear in PRZ Zone
Entry Trigger: Type2 entry from H4 Crab Pattern + Double Bottom w RSI divergence + buying force coming in PRZ Zone
Market Trend: Day. Downtrend
Position: Buy. Counter Trend Trading
Strategy: H4 Crab Pattern + H1 Bat Pattern
RSI: H1 Divergence
Momentum: Strong force from the seller but long shadow starting to appear in PRZ Zone
Entry Trigger: Type2 entry from H4 Crab Pattern + Double Bottom w RSI divergence + buying force coming in PRZ Zone
Trade closed: target reached
Hit TP1.Trade close due to strong force from the seller after hitting TP1.
Note
Hit TP2 after I have closed the trade!!!Guess I have to work on my exit trading plan
Trade closed: target reached
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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.