Price fell from our indecision zone down to the demand zone during NYSE.
Price then consolidated for the rest of the day
Coming into a new trading day I am expecting price to leave this area of consolidation and return toward to the downside to continue toward the demand zone during London or New York.
Ill be entering once price closes below 1.38500. I'll be targeting 1.38000.
I will be holding till the demand area per my trading plan. 50 pip minimum per trade; 1:3 R:R is optimal. This trade is 1:5
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit
Price then consolidated for the rest of the day
Coming into a new trading day I am expecting price to leave this area of consolidation and return toward to the downside to continue toward the demand zone during London or New York.
Ill be entering once price closes below 1.38500. I'll be targeting 1.38000.
I will be holding till the demand area per my trading plan. 50 pip minimum per trade; 1:3 R:R is optimal. This trade is 1:5
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit
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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.