Price is Bullish on the 1 hour, but earish on the 4 hour.
On the 1 hour, price came into our zone, from where it reversed and is now heading towards our liquidity target.
We will wait for price to hit our target,a fter which we will pick our next zone.
Notwithstaiding the Bullishness of the 1 hour, it is important to pay attention to the fact that the 4 hour is Bearish. This therefore gives us a possibility of the market hitting out 1 hour target, and from there u turn Bearish in the direction of the 4 hour.
On the 1 hour, price came into our zone, from where it reversed and is now heading towards our liquidity target.
We will wait for price to hit our target,a fter which we will pick our next zone.
Notwithstaiding the Bullishness of the 1 hour, it is important to pay attention to the fact that the 4 hour is Bearish. This therefore gives us a possibility of the market hitting out 1 hour target, and from there u turn Bearish in the direction of the 4 hour.
Trade closed: target reached
Yesterday saw the market progress to our target as anticipated and we saw how it smashed through the target and went for higher levels.
This trade is completed.
Rinse and Repeat, we will set up for the next trading opportunity.
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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.