#analysis 17 - Structure break (MSB) and the entry at Breaker
The structure break happened at ~20.4k, and now wait for it get back to the breaker for a entry. SL at around 19.9k, and TP at the 21.7k.
Trade active
Slightly updated SL.
Note
Slightly updated SL about 0.5 pip.
Note
Scenario 1: Going up for the liquidity pocket.Note
Scenario 2: Fill the gap and continue the midterm trendNote
In game. Let's see how it play.
Trade closed: stop reached
Price breaks. Wait for another play.
Thread closed.//
Note
The SL was about 1%, which is due to the main trend now is downward, not good for longs. In opposite, if it's short position, I'll do the 2% of SL.
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.