Long

Now we can look for entry To BUY

Updated

As I told you in the previous trade idea we might have a bull move in FTM (I will mention the previous idea link), now we have the confirmation in 4h and can buy with 1h and 15m time frame patterns.
if I could find any entry I will post that too

Note

I have my possible moves prediction for FTM and I have sorted them by the possibilities from 1-to-5 and 1 and then the 3 is the most possible way that price can move in my oppinion

Note

because we had a very sharp move
price may also trap the 4H blok and then give us
entry because there are many traders that are waiting to
buy in 4h zone and by that price can trap many traders
i forgot to mention this in the price possible move

Note

As the price reached the 4h extreme I had the needed confirmation to buy and bought at 0.53, one of the dangerous zones that we have is 1h resistance, and if we pass that we can go for daily zones that start from 0.5, and then maybe if we continue the bull trend we pass the weekly resistance

Note

Also, my stop loss is 0.439

Note

I HAVE TO SAY SORRY BECAUSE I TYPED MY ENTRY WRONG AND MY CORRECT ENTRY WAS 0.453.
BUT THE REST OF THE NUMBERS ARE VALID AND CORRECT

Trade closed manually

I saw my sell pattern in 15m and I closed my position at 0.47.

Note

And yes, we took our profits at the best time and after hat price came and took out our SL.

tedibar344

Related publications

We may have started a possible bull run but chances are LOW

by tedibar344

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.