Price is close to some juicy equal highs, so I will be anticipating a retracement into a POI to catch a trade on a lower timeframe to that area as my low hanging fruit objective.
I see price either coming into a 2W Bullish Breaker (Coupled with a NWOG), or a 2D Bullish Orderblock.
The annotated stoploss is for illustration purposes only. Price can very well wick down there, albeit a more extreme scenario. If price closes below that 2D Bullish OB, then this long idea would be no longer valid until the equal lows are taken out.
- R2F
I see price either coming into a 2W Bullish Breaker (Coupled with a NWOG), or a 2D Bullish Orderblock.
The annotated stoploss is for illustration purposes only. Price can very well wick down there, albeit a more extreme scenario. If price closes below that 2D Bullish OB, then this long idea would be no longer valid until the equal lows are taken out.
- R2F
Note
TP 1 hit, but we hadn't had the retracement yet. This may still be a target if price retraces immediately.Trade closed: target reached
Target hit
R2F Trading
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
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.
R2F Trading
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
Private Coaching Available
road2fundedtrading.com
Telegram: @Road2Funded
Discord: @pippilongshorting
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.