HTF: D/4Hr - The daily looks like an uptrend, however on the 4h we are seeing lows being target which would be equal to previous lows, hinting a range market possibility.
MTF: 30m - Using the key levels from the HTF, we spot break of structure areas for trade entries on the range being formed. We identified targets for price to go.
ETF: 5m - Place the limit orders on the outside of the break of structure with a stoploss in areas we feel should act as resistance or support to the target direction.
MTF: 30m - Using the key levels from the HTF, we spot break of structure areas for trade entries on the range being formed. We identified targets for price to go.
ETF: 5m - Place the limit orders on the outside of the break of structure with a stoploss in areas we feel should act as resistance or support to the target direction.
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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.