Straight forward setup. We’re looking to enter only after seeing confirmation.
Sop
1)mark the zone
2)wait for price to come into zone
3)wait for confirmation
4)entry
Here we see daily rally base rally. And fibo 50%. Price is already in the zone. We wait for a m30 double breakout as a confirmation. Once it has formed up, we can place a buy limit or we can enter in the confirmation zone.
Sop
1)mark the zone
2)wait for price to come into zone
3)wait for confirmation
4)entry
Here we see daily rally base rally. And fibo 50%. Price is already in the zone. We wait for a m30 double breakout as a confirmation. Once it has formed up, we can place a buy limit or we can enter in the confirmation zone.
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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.