my plan is to buy after7:30am manipulation up to the sell entry
Then sell down to a 1: 5.26 RR
Re enter SELLS at the retracement
with a more far reaching TP
Has the possibility of hitting the supply area
moving downward but then coming back up and instead of retracement
it making a higher high then falling to oblivion (not really just to the mitigative last swing low area)
In this case I will have already profited on a buy
and sell with rather large RR
and upon my re entry at retracement for a sell
would be a loss
SOOO I would wait for it to make it's new higher high
wait for BOS on 3min-5min (downward)
and enter at the FVG for a large sell off
Then sell down to a 1: 5.26 RR
Re enter SELLS at the retracement
with a more far reaching TP
Has the possibility of hitting the supply area
moving downward but then coming back up and instead of retracement
it making a higher high then falling to oblivion (not really just to the mitigative last swing low area)
In this case I will have already profited on a buy
and sell with rather large RR
and upon my re entry at retracement for a sell
would be a loss
SOOO I would wait for it to make it's new higher high
wait for BOS on 3min-5min (downward)
and enter at the FVG for a large sell off
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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.