We can see market is moving near a key resistance zone at level 2919 if market break that zone than we have a OB below at level 2890 so market will go for it.
We can take sell below 2919 if candle break and close below 2919 we can se there is key support at 2903 so at there we ca close half our trades and set our Stop Loss to BE and wait for OB zone at 2890 for full target.
If the candle sustains above the key zone i.e 2919 than we have a range for the market to break the 2928 zone if this happen than we will go for buy at that zone
We can take sell below 2919 if candle break and close below 2919 we can se there is key support at 2903 so at there we ca close half our trades and set our Stop Loss to BE and wait for OB zone at 2890 for full target.
If the candle sustains above the key zone i.e 2919 than we have a range for the market to break the 2928 zone if this happen than we will go for buy at that zone
Trade active
Price break the key resistance zone with high volume, showing aggressive buyers hold. With this impulse move there is high probability of forming a FVG s market can show some rejection before going upTrade closed: target reached
After a long consolidation market finally reached our TP 1, we can sell 50% our profit and set our SL to BE and let the market touch full tp. If you followed this setup you could cover over 150 pips.Do follow for more chart updates
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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.