In the analysis, we identified a Swing High and Swing Low, and subsequently located the 4-hour CRT model. After marking the model, we analyzed the associated order block in the context of a buy setup, leveraging the PD Array to confirm the demand level. With the PO3 concept applied, we identified an additional entry point for the buy setup.
To optimize the trade, the order block was marked, and the Take Profit (TP) level was set at the CRT high, while the Stop Loss (SL) was positioned at the low of the order block. This strategy aligns with both the demand zone and the overall market structure, ensuring a well-defined risk-to-reward ratio.
To optimize the trade, the order block was marked, and the Take Profit (TP) level was set at the CRT high, while the Stop Loss (SL) was positioned at the low of the order block. This strategy aligns with both the demand zone and the overall market structure, ensuring a well-defined risk-to-reward ratio.
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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.