SETUP 1: Support and trendline.
Confirmation: Doji, Engulfing candle.
SL and TP: Adjust as trade progresses.
Might have a better entry if price moves slightly lower before printing a bullish confirmation.
SETUP 2: Sell the Break and retest of the trendline and support.
Confirmation: Retest to the black box, Doji, Engulfing candle.
SL and TP: Adjust as trade progresses.
The retest may happen on the 15 min chart if price is fast, if slow I'm expecting a retest over a longer period of time before coming back to test.
Confirmation: Doji, Engulfing candle.
SL and TP: Adjust as trade progresses.
Might have a better entry if price moves slightly lower before printing a bullish confirmation.
SETUP 2: Sell the Break and retest of the trendline and support.
Confirmation: Retest to the black box, Doji, Engulfing candle.
SL and TP: Adjust as trade progresses.
The retest may happen on the 15 min chart if price is fast, if slow I'm expecting a retest over a longer period of time before coming back to test.
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.
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.