Based on the M15 and H1 price structure, I have a Short Setup as follows:
Stoploss is described on the chart
Entry: 181.7 -181.8
Target 180 -> 180.5
This is a short wave setup, so the Stoploss is absolute. long-term with High timeframe (H4, D1), I will consider having a long possition if the price reaches to TP2
Stoploss is described on the chart
Entry: 181.7 -181.8
Target 180 -> 180.5
This is a short wave setup, so the Stoploss is absolute. long-term with High timeframe (H4, D1), I will consider having a long possition if the price reaches to TP2
Trade active
Just activatedTrade active
Running profitNote
re-fix target: 180.5 -> 181.2Trade active
+ >30 pip profit for Sell possitionTrade active
Trading is running profit and my new stoploss has just pulled back to the Entry areaTrade active
Done TP1 at 181.2. Close 1/2 profitNote
Just reached target 1 at 181.2 , you could close the whole order or close 1/2 like meTrade active
+ 85 pips profitTrade closed: target reached
Cheer guys! I will be end this scalping setup at the moment ( >80% TP2)Note
Close the setup correctly!
Related publications
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.
Related publications
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.