2023 Jan 25 NAS100USD
Updated
Risk/Reward
TP1 ~ 4:1
TP2 ~ 7:1
Confluences
Macro
Weekly - Double bottom market pattern supporting above price zone 10700.0 Weekly key level and psychological level, both lows tapping into said key level.
Daily - Strong break and retest off of another key level and psychological level found on price zone 11600.0
4h - (following the trend) currently for this timeframe, the market is in a BULLISH market condition.
Micro
15m - Last week Wednesday US session zone as entry zone
5m - Bullish candle closure supporting off of said session zone for entry point.
Remarks: been waiting for the 4 hourly pullback to happen all week
TP1 ~ 4:1
TP2 ~ 7:1
Confluences
Macro
Weekly - Double bottom market pattern supporting above price zone 10700.0 Weekly key level and psychological level, both lows tapping into said key level.
Daily - Strong break and retest off of another key level and psychological level found on price zone 11600.0
4h - (following the trend) currently for this timeframe, the market is in a BULLISH market condition.
Micro
15m - Last week Wednesday US session zone as entry zone
5m - Bullish candle closure supporting off of said session zone for entry point.
Remarks: been waiting for the 4 hourly pullback to happen all week
Trade active
Stops rolled deep into profit, and partial profit claimed. Thus, concluding this trade.Trade closed: target reached
Overall target tp achieved, all positions closed.
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