Thesis:
Price is coming from a daily liquidity grab or
HTF turtle soup pattern.
Price is now hitting Ema 50 on the daily TF.
Confluence:
HTF Trend
Ema 50 Daily
Fib zone
Playing this setup with a tight SL since HTF hits can offer a favorable precision when this strategy gets deployed.
Price is coming from a daily liquidity grab or
HTF turtle soup pattern.
Price is now hitting Ema 50 on the daily TF.
Confluence:
HTF Trend
Ema 50 Daily
Fib zone
Playing this setup with a tight SL since HTF hits can offer a favorable precision when this strategy gets deployed.
Trade closed: stop reached
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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.