The first bullish setup is a bit aggressive.
The second one is a confluence trade setup with flip, MAs, fib as well as demand zone.
Trigger: 5m or 10m bullish pattern.
The second one is a confluence trade setup with flip, MAs, fib as well as demand zone.
Trigger: 5m or 10m bullish pattern.
Note
price reacted to my first zone. It's sort of choppy. Gotta zoom in
Trade active
Price formed a zone on the 1m chart. Momentum looks good.
Note
With a deep retracement, price completed a ab=cd pattern before falling into the zone again.
Note
Zone got violated. I expected a rebound on my second zone. This is not a so good price action trade at least on the 1m timeframe. It's kina choppy. My entry will only give you upto 24 points. However, if you joined in the trade after price touching the zone, it'll bring you 50+ points.
Note
It's approaching my 2nd zone.
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plan your trade and trade your plan
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.