STOXX 600 - Intraday Setup
April 17 2025
Decision making - using 15minutes candles & candle pattern formation
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
mins = minutes
Long Trade scenario1:
1st criteria: Market must sustain above = 508.50
2nd criteria: Market has to break above = 509.10
Target = 515.30
Stop loss = 507.00
Long Trade scenario2:
1st criteria: Market must sustain above = 501.20
2nd criteria: Market has to break above = 501.75
Target = 507
Stop loss = 501.20
Short Trade scenario:
1st criteria: Market must sustain below = 501.80
2nd criteria: Market has to break below = 501.15
Target = 497.30
Stop loss = 503.20
Wishing you the very best and a safe trading.
Regards,
Uday
Disclaimer: I am not a registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
April 17 2025
Decision making - using 15minutes candles & candle pattern formation
Meaning "Long Trade" = Market expected to move up
Meaning "Short Trade" = Market expected to move down
Meaning "PDH" = Previous day High
Meaning "PDL" = Previous day Low
mins = minutes
Long Trade scenario1:
1st criteria: Market must sustain above = 508.50
2nd criteria: Market has to break above = 509.10
Target = 515.30
Stop loss = 507.00
Long Trade scenario2:
1st criteria: Market must sustain above = 501.20
2nd criteria: Market has to break above = 501.75
Target = 507
Stop loss = 501.20
Short Trade scenario:
1st criteria: Market must sustain below = 501.80
2nd criteria: Market has to break below = 501.15
Target = 497.30
Stop loss = 503.20
Wishing you the very best and a safe trading.
Regards,
Uday
Disclaimer: I am not a registered analyst. The above information is only for educational purpose based on my years of experience. Please consult a financial advisor before investing.
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.
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.