🔥 Trading Plan
🚀 Buy Setup (Short-Term Retracement)
Buy Zone: 1.1350-1.1370
SL: Below 1.1325 (Safe: 1.1300)
TP1: 1.1420
TP2: 1.1450
Confirmation: ✅ Bullish engulfing ✅ Rejection wick ✅ Volume spike ✅ Break above minor structure
📍 If price fails at 1.1450 and shows rejection, a short opportunity may present itself.
🔹 H1 Timeframe:
Sharp bullish move from intraday support.
Momentum is favoring a short-term bullish retracement.
No clear lower-high structure formed yet.
Support Zone: Price has reacted here before, indicating demand.
Liquidity Grab: Recent low sweep at 1.1320 suggests Smart Money might push price higher.
Volume Spike: Sudden increase in buy-side volume suggests buyers stepping in.
Bullish Price Action: Looking for confirmation like a bullish engulfing or rejection wick on H1/H4.
🚀 Buy Setup (Short-Term Retracement)
Buy Zone: 1.1350-1.1370
SL: Below 1.1325 (Safe: 1.1300)
TP1: 1.1420
TP2: 1.1450
Confirmation: ✅ Bullish engulfing ✅ Rejection wick ✅ Volume spike ✅ Break above minor structure
📍 If price fails at 1.1450 and shows rejection, a short opportunity may present itself.
🔹 H1 Timeframe:
Sharp bullish move from intraday support.
Momentum is favoring a short-term bullish retracement.
No clear lower-high structure formed yet.
Support Zone: Price has reacted here before, indicating demand.
Liquidity Grab: Recent low sweep at 1.1320 suggests Smart Money might push price higher.
Volume Spike: Sudden increase in buy-side volume suggests buyers stepping in.
Bullish Price Action: Looking for confirmation like a bullish engulfing or rejection wick on H1/H4.
Trade closed: target reached
TP1 REACHED! TRADE OPEN TO HIT TP2 REST POSITION TO BE.
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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.