Tuesday Asia session plan of Action.
Updated
Watch the price at 2654.
If the price doesn't reach 2654 in the next 45 minutes, skip trading today.
Action Plan (If 2654 is touched): Switch to M1 Chart immediately.
Look for a Market Structure Shift (MSS). This happens when price shifts from bearish to bullish, indicating potential smart money involvement.
If MSS occurs, look for a Fair Value Gap (FVG) near the MSS zone.
Entry: Wait for price to retest the FVG. Enter long after confirmation.
Risk Management: Set a stop-loss (S/L) of 10-20 pips max (tight and precise).
Target: Aim for a profit target at 2676.
Discipline: No 2654 touch? No MSS? No trade. Stick to the plan!
Good luck and trade safe!
If the price doesn't reach 2654 in the next 45 minutes, skip trading today.
Action Plan (If 2654 is touched): Switch to M1 Chart immediately.
Look for a Market Structure Shift (MSS). This happens when price shifts from bearish to bullish, indicating potential smart money involvement.
If MSS occurs, look for a Fair Value Gap (FVG) near the MSS zone.
Entry: Wait for price to retest the FVG. Enter long after confirmation.
Risk Management: Set a stop-loss (S/L) of 10-20 pips max (tight and precise).
Target: Aim for a profit target at 2676.
Discipline: No 2654 touch? No MSS? No trade. Stick to the plan!
Good luck and trade safe!
Order cancelled
Retracement missed the price level, straight up to the next supply zone, no Asia session today. See you at NYSE opening.
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.