I'm looking for price to move into the 1.205 area. If price does, then I'll wait for bull candles to form on the daily time frame. If bull candles form, then I'll move to the 1H and place buy limit orders at previous market levels.
Note
Many bull candles on the daily time frame throughout the month of May. Note
Price levels on the 1H that could have buy limit orders placed. Stops below levels.Note
Bull candle posted on the daily time frame. Moving to 1H to place buy limit orders.Note
Potential buy limit entries. Stops go below level of entry. Risk should be 1/4% or less. Note
Bull candle posted on daily time frame.Note
Rough look at entries and stop losses on 1H time frame.
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Related publications
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.