https://www.tradingview.com/x/89xNrdHc/
Description
A POTENTIAL PULL BACK TRADE !
This trade is not aligned with overall daily or 4hr bearish momentum as seen on last week but however a potential of pull back is seen for this week.
As of early morning today the 4hr candle has broken a fractal zone , signaling us a probability of CHoCH , ( change of character ).
It is also on very strong demand zone on Weekly TF.
The idea is to go with the probability of the trade , trade will be monitored as there the overall swing is still bearish in 4hr it can very much retrace from any of supply zone , so trade should be monitored throughout if it is active.
Manage risk !
Description
A POTENTIAL PULL BACK TRADE !
This trade is not aligned with overall daily or 4hr bearish momentum as seen on last week but however a potential of pull back is seen for this week.
As of early morning today the 4hr candle has broken a fractal zone , signaling us a probability of CHoCH , ( change of character ).
It is also on very strong demand zone on Weekly TF.
The idea is to go with the probability of the trade , trade will be monitored as there the overall swing is still bearish in 4hr it can very much retrace from any of supply zone , so trade should be monitored throughout if it is active.
Manage risk !
Trade active
Trade 1 TP HIT !!!
Note
TP 1 HIT closing the trade manually ! Trade closed manually
Note
Done for the day. Note
Trade closed manually but great push upwards.
Note
50% marked on DTF reach can see some sell opps now.
Note
price nearing a key area now.
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.