#H1 Buy High Probability Setup
If we get an H1 bullish candle closing above 2337, we can enter a buy position. However, this time both our stop loss and target will be substantial—approximately 200 pips. Our first safe target will be 200 pips, and our final target will be 280 pips.
The 2360-2368 area can act as a strong resistance and potentially reverse this temporary upside move, which is a pullback. We are targeting this pullback, which could result in a significant upward move where you can potentially gain 100-150 pips.
Remember, since the stop loss is large, if you normally trade 0.1 lot for a 100-pip stoploss , to manage proper risk and account safety, use a 0.05 lot size instead. Manage your account and risk carefully, and avoid over-trading.
Note:For Better Confirmation in buy Do Wait for H4 Candle CLosing above 2340 area .
On THe Lower side If Get H4 Candle CLosing Below 2318 area than 2300 would be our next support level.
If we get an H1 bullish candle closing above 2337, we can enter a buy position. However, this time both our stop loss and target will be substantial—approximately 200 pips. Our first safe target will be 200 pips, and our final target will be 280 pips.
The 2360-2368 area can act as a strong resistance and potentially reverse this temporary upside move, which is a pullback. We are targeting this pullback, which could result in a significant upward move where you can potentially gain 100-150 pips.
Remember, since the stop loss is large, if you normally trade 0.1 lot for a 100-pip stoploss , to manage proper risk and account safety, use a 0.05 lot size instead. Manage your account and risk carefully, and avoid over-trading.
Note:For Better Confirmation in buy Do Wait for H4 Candle CLosing above 2340 area .
On THe Lower side If Get H4 Candle CLosing Below 2318 area than 2300 would be our next support level.
Note
# Update: #H1 Setup120 Pips Upmove
As anticipated, we suggested a buy above 2337, recognizing it as a high-probability setup. Thankfully, it has made an impressive move of nearly more than 100 pips from our specified level of 2337. This showcases the power of our analysis and candle closing strategy. We are now targeting 2358. Safe traders may book partial profits and hold for the larger target. We provide only a limited number of H1 setups, typically 4-5 per month, ensuring each one is of high quality. Our analysis has once again proven its strength
Trade closed: target reached
Finally 2356 Almost 180 Pips From Our 2337 Level2360-68 area can be very tricky it has potential to reverse this bullish move so be careful buying around this area .
Trade closed: target reached
Full Target Achived Easy 250 Pips Move
Mr K
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Mr K
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
Join Our Free Telegram Group
t.me/MrKCharts
If You Need Personalized SIgnals Specilaized With 2:1 RR for Propfirm Than Dm Us At t.me/Kseljuk
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.