4hr and 1hr timeframe showing bearish ideas closing the AUS session and the Tokyo session showing no sign of moving up.
If a strong candle pattern presents itself inside the zone The plan is to take 3 sell positions.
1st for a 1.5:1 with stop loss just above structure with the 2nd and 3rd positions stop loss in the same location and the TP at the first structure low for the 1hr timeframe and 3rd on the following structure low as it approaches a S/R marker. once TP1 taken S/L on the 2nd and 3rd position will be taken to break even to avoid loss of profit.
Trade will exit if a trend change is noted on the 1hr/15min chart.
This one is looking pretty nice for a set up. Trust the structure and enjoy the rewards.
DYOR
If a strong candle pattern presents itself inside the zone The plan is to take 3 sell positions.
1st for a 1.5:1 with stop loss just above structure with the 2nd and 3rd positions stop loss in the same location and the TP at the first structure low for the 1hr timeframe and 3rd on the following structure low as it approaches a S/R marker. once TP1 taken S/L on the 2nd and 3rd position will be taken to break even to avoid loss of profit.
Trade will exit if a trend change is noted on the 1hr/15min chart.
This one is looking pretty nice for a set up. Trust the structure and enjoy the rewards.
DYOR
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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.