We'll stick with the same calculations as last week and before.
Price should follow the same logic as any mathematical principle—calculable, predictable, and consistent. The key variables are the broader market factors and the strength of the trend.
With that in mind, swing zones and levels are marked on the chart, and price will ultimately decide between option A or B.
Price should follow the same logic as any mathematical principle—calculable, predictable, and consistent. The key variables are the broader market factors and the strength of the trend.
With that in mind, swing zones and levels are marked on the chart, and price will ultimately decide between option A or B.
Trade active
Buy entry @553 sl -10pips
dtp 784
Trade closed: stop reached
Missed upper swing level due to double top formed after bounce from 536.part of B has played out. lets see if the second half can.
Buy entry @960
sl -15pips
Note
Entry 960 pinching +40pipsMove SL to +10pips
Note
2 trades: -10/+10 = BEishSell entry @732
sl -15pips
Note
Entry 732 wrapped up at -15 pips. Three trades: -10 / +10 / -15, totaling -15 pips.
The price danced to the predicted rhythm, but we just couldn’t catch the beat this week. No worries—small losses and fewer trades keep us in the game for the long haul!
Catch your breath and enjoy a chill weekend! 🎈
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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.
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.