1. There is Pin-Bar Candle existed in 4H Chart.
2. Stoch are overbough at 90%.
3. Price pullback and retest the support resistance area.
4. SL should cover the all the Pin Bar area include the wicks.
5. if we take closer look at 1 H chart the stoch are currently below 80%.
We want to make sure once the stoch has reach 90% overbought or oversold area.
don't take trade immediately wait until it drop below 80% and between 70% area.
SL: 39157
Target Profit: 38315
2. Stoch are overbough at 90%.
3. Price pullback and retest the support resistance area.
4. SL should cover the all the Pin Bar area include the wicks.
5. if we take closer look at 1 H chart the stoch are currently below 80%.
We want to make sure once the stoch has reach 90% overbought or oversold area.
don't take trade immediately wait until it drop below 80% and between 70% area.
SL: 39157
Target Profit: 38315
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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.