Long after reborn from daily FVG, waiting for confirmation
📌 Idea:
The price has already bounced off the daily FVG and started moving upward. On the lower timeframe, an uptrend is forming, but confirmation is still needed.
📍 Two possible scenarios:
1️⃣ Wait for a clear confirmation before entering long.
2️⃣ Wait for a deeper liquidity grab, another bounce, and then enter long.
📈 Entry: after confirmation or additional liquidity sweep.
🎯 Take profit: above the last local high.
🛑 Stop loss: below the last low or under the FVG zone.
The price has already bounced off the daily FVG and started moving upward. On the lower timeframe, an uptrend is forming, but confirmation is still needed.
📍 Two possible scenarios:
1️⃣ Wait for a clear confirmation before entering long.
2️⃣ Wait for a deeper liquidity grab, another bounce, and then enter long.
📈 Entry: after confirmation or additional liquidity sweep.
🎯 Take profit: above the last local high.
🛑 Stop loss: below the last low or under the FVG zone.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
📊 Telegram: t.me/+653rN6lR6owwZDcy
📊 Telegram: t.me/+653rN6lR6owwZDcy
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.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
📊 Telegram: t.me/+653rN6lR6owwZDcy
📊 Telegram: t.me/+653rN6lR6owwZDcy
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.