Orange lines - daily wave, classic ABC continuation
Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions
We are watching two levels: the current reaction at 109.38 and a potential higher reversal at 110.81 in the larger 111 price area.
Traders should use trading systems to generate entries/SL on any selected levels.
Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions
We are watching two levels: the current reaction at 109.38 and a potential higher reversal at 110.81 in the larger 111 price area.
Traders should use trading systems to generate entries/SL on any selected levels.
Note
m15 position building level
Note
m15 1-1RR
Note
m15 close to 3-1RR movement, partial profit taking area
Note
m15 profit point 2 109.8, 5-1 RR
Note
110.3 "blind" short continuation postion
Note
short continuation management
Note
short continuation profit point
late post, 109.4 was the target area
Note
m15 now with buying pressure
Note
management point long side, partial profit taking
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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.