Short Setup:
- Daily resistance forming fake out
- Long wick bearish candle forming
- Risky trade with small stop just above the top
- Stop order wait to break current candle low
Setup Entry#1
Entry: 1.96563
Stop: 1.97791
TP1: 1.95040
TP2: 1.93305
Setup Entry#2
Entry: Require Entry#1 TP1 hit, price break below at least to 1.94371 retrace back to retest as resistance
Stop: 1.96563 (Entry#1 Entry)
TP1: 1.93305 (Entry#1 TP2)
TP2: 1.91249
- Daily resistance forming fake out
- Long wick bearish candle forming
- Risky trade with small stop just above the top
- Stop order wait to break current candle low
Setup Entry#1
Entry: 1.96563
Stop: 1.97791
TP1: 1.95040
TP2: 1.93305
Setup Entry#2
Entry: Require Entry#1 TP1 hit, price break below at least to 1.94371 retrace back to retest as resistance
Stop: 1.96563 (Entry#1 Entry)
TP1: 1.93305 (Entry#1 TP2)
TP2: 1.91249
Note
Setup still valid, stop order still on.If today break yesterday high cancel order.
If today form a inside bar pending order is still valid.
Note
I am filled.Note
TP1 done, move to break evenNote
Entry#1 TP2 done no Entry#2 has been added with this tradeTrade closed: target 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.