I am looking to enter a long entry in roughly 7 minutes when candle closes. Here are some reasons to why I am looking at this particular setup.
I will execute a buy when LTF candle confirmation has been formed.
LONG
1. bullish EMA
2. Engulfing candle on 1h
3. Long wicks suggesting a rejection of the zone
4. .382 retracement
5. Price has been forming HH HLs on 4h
6. Consistent bullish impulse after tapping different fibonacci levels
7. Daily breakout of range
8. 4h Dynamic support from 20EMA
I will execute a buy when LTF candle confirmation has been formed.
LONG
1. bullish EMA
2. Engulfing candle on 1h
3. Long wicks suggesting a rejection of the zone
4. .382 retracement
5. Price has been forming HH HLs on 4h
6. Consistent bullish impulse after tapping different fibonacci levels
7. Daily breakout of range
8. 4h Dynamic support from 20EMA
Trade active
Entered roughly 1.5% SL 50PIPSTrade closed: stop reached
-1.5%
Hold nothing sacred in search of truth
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.
Hold nothing sacred in search of truth
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.