H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway
1H: Observing the price action at the key level (breakout, retest, false break)
30M: Finding the best entry for perfect Risk/Reward ratio
- Buy when uptrend
- Sell when downtrend
- Wait if sideway
1H: Observing the price action at the key level (breakout, retest, false break)
30M: Finding the best entry for perfect Risk/Reward ratio
Note
4H is down trendNote
1H, price is retesting key level or maybe the important key levelNote
30m is strong bearishNote
Open 15m to looking up a good entryNote
5m, pinbar appears, waiting for marubozu Note
Hmm, still not good entry, keep waitingNote
Price breaks out for down trend, looking for a retracement to sellTrade active
Trade closed: stop reached
Well, SL just reaches. I put it too low. I should put it little bit higher.
Related publications
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.
Related publications
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.