Price testing SNL (Daily & Weekly)
Following a SB which signals a buy at (S)
(S) Retest/Retracement SNF Long
Bullish Pin Bar & Engulfing Patter H4 & H1
TP Level is @ Opposing Daily NL Pot. BO to next NL Pot. 3:1
Following a SB which signals a buy at (S)
(S) Retest/Retracement SNF Long
Bullish Pin Bar & Engulfing Patter H4 & H1
TP Level is @ Opposing Daily NL Pot. BO to next NL Pot. 3:1
Note
Options1. Scale In/Scale Out
2. Trailing SL @ Opposing NL
3. Exit Trade
If price breaks opposing NL pot. continuation towards final TP lvl, if price breaks opposing level scale in, reduce risk or take out is the only option when price hesitates.
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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.