Hey Traders! Long time no see, hope you're all doing great! I wanted to share a super simple setup I’m using. It’s based on the Previous Day's High/Low and the Session Opening High/Low.
I saw price rejecting the Previous Day’s Low and marked the Session Opening High/Low as an Order Block, so I took an entry targeting the Previous Day’s High.
There’s also some imbalance, so price could move up there. As always, risk management is everything! I’m using a 1:8 risk-reward ratio, which looks solid. Just manage your risk, stay calm, and avoid any stress. Wishing you all the best and happy trading! Thank you!
I saw price rejecting the Previous Day’s Low and marked the Session Opening High/Low as an Order Block, so I took an entry targeting the Previous Day’s High.
There’s also some imbalance, so price could move up there. As always, risk management is everything! I’m using a 1:8 risk-reward ratio, which looks solid. Just manage your risk, stay calm, and avoid any stress. Wishing you all the best and happy trading! Thank you!
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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.