1. Reversal Trade - If GU test the golden zone and breaks the trendline (White), then we can open a buy position on retest with T1 - 1.41747 and T2 - 1.41878. 2. Breakout Trade - If GU breaks any market structure (Red) or trendline (yellow), then we can open a position on retest in the direction of breakout with target at the nearest structure or pivot.
Note:-
1. Only enter a position if u get a proper retest in the 15m TF. 2. Ensure proper risk management. 3. These are the setups that i take in my account.
Follow for daily trade setups. Happy Trading............
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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.