I am training my skills to trade H1 setups.
I plan to spot type 2 entries only for H1 setups.
Trying to do my forward test of the success % of trading type 2 H1 entries.
For type 2 entries, I will use pending orders to enter my trades.
Pattern Identification
AUDUSD completes bullish shark at 0.7634.
I will be long once price retest 0.7634.
SL will be at 0.7625(9) and TP will be at 0.7665(31).
This trade will be stopped out once price closes below 0.7625.
I plan to spot type 2 entries only for H1 setups.
Trying to do my forward test of the success % of trading type 2 H1 entries.
For type 2 entries, I will use pending orders to enter my trades.
Pattern Identification
AUDUSD completes bullish shark at 0.7634.
I will be long once price retest 0.7634.
SL will be at 0.7625(9) and TP will be at 0.7665(31).
This trade will be stopped out once price closes below 0.7625.
Trade closed: stop reached
Stopped out at -9 pips.
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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.