I am patiently waiting for the price to reach the order block before executing my buy order, ensuring that the market confirms my setup before I commit. With a refined strategy in place, I plan to enter the trade once the price reacts to the order block, using Fibonacci confluence and price action signals for validation. My risk management is set, with a stop-loss positioned just below the order block to minimize potential downside, while my target is strategically placed at the projected resistance level. Focused on maximizing my risk-to-reward ratio, I stay disciplined, ready to adjust my approach based on market behavior while aiming for a high-probability trade.
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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.