Mirror strategy in a Ranging Market
NAS100USD has been Ranging between 15538 and 14556 since 18 Aug 2023. Here is our trading plan.
📣📈💹
Possible Path 1: To Upside
A Higher Low forms above the bottom of the Demand Zone (14826) ,
then attach the Supply Zone and Trend Line again.
Idea:
1. Long Entry when a Low formed above 14826.
2. Target to 15352 (Bottom of the Supply Zone).
3. Stop Loss below the Demand.
Risk and Reward 1:3 to 1:4
📣📉💹
Possible Path 2: To Downside
Straightly break the bottom of the Demand Zone (14826), then formed a Lower Low below the Demand Zone.
Idea:
1. Short Entry when a Lower Low formed below 14826.
2. Target to 14557 (Day Low on 18 Aug).
3. Stop Loss above the Demand.
Risk and Reward 1:3 to 1:4
📣📈💹
Possible Path 1: To Upside
A Higher Low forms above the bottom of the Demand Zone (14826) ,
then attach the Supply Zone and Trend Line again.
Idea:
1. Long Entry when a Low formed above 14826.
2. Target to 15352 (Bottom of the Supply Zone).
3. Stop Loss below the Demand.
Risk and Reward 1:3 to 1:4
📣📉💹
Possible Path 2: To Downside
Straightly break the bottom of the Demand Zone (14826), then formed a Lower Low below the Demand Zone.
Idea:
1. Short Entry when a Lower Low formed below 14826.
2. Target to 14557 (Day Low on 18 Aug).
3. Stop Loss above the Demand.
Risk and Reward 1:3 to 1:4
🔥my free signals and AI trading indicators channel telegram
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
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.
🔥my free signals and AI trading indicators channel telegram
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
t.me/strengthboosters
~1 Forex setup per day. With ICT setup for intraday trading —— Accuracy +80%
-Booster highlight:
US stocks and Crypto watch list update each weekend.
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.