📌 Market Analysis & Trading Scenarios
Currently, the market is consolidating within a 100-pip range between support (2855) and resistance (2865). Based on this structure, we have three potential trading scenarios:
🔹 Scenario 1: Break & Retest for a Buy
✅ If any candle breaks and closes above the 2865 resistance, we wait for the next candle to break the high of the closing candle.
📈 Once confirmed, we enter a buy trade, aiming for upward momentum.
🔹 Scenario 2: Failed Breakout & Reversal
🔄 If the market breaks resistance but fails to sustain above the Fair Value Gap (FVG), we:
⚡ Close our buy trade at +60 pips profit.
📉 Immediately enter a sell trade, anticipating a reversal.
🔹 Scenario 3: Break & Retest for a Sell
✅ If any candle breaks below the 2855 support and the next candle breaks the low of the closing candle:
📉 We enter a sell trade, expecting further downside.
⚠️ Risk & Money Management 🎯
🔹 Always close partial profits at each target.
🔹 When full Take Profit (TP) is hit, close 90% of trades and hold 10% for long-term potential.
🔹 This disciplined approach ensures optimal risk management and capital protection.
📊 Trade wisely & manage risks effectively! 🚀
Currently, the market is consolidating within a 100-pip range between support (2855) and resistance (2865). Based on this structure, we have three potential trading scenarios:
🔹 Scenario 1: Break & Retest for a Buy
✅ If any candle breaks and closes above the 2865 resistance, we wait for the next candle to break the high of the closing candle.
📈 Once confirmed, we enter a buy trade, aiming for upward momentum.
🔹 Scenario 2: Failed Breakout & Reversal
🔄 If the market breaks resistance but fails to sustain above the Fair Value Gap (FVG), we:
⚡ Close our buy trade at +60 pips profit.
📉 Immediately enter a sell trade, anticipating a reversal.
🔹 Scenario 3: Break & Retest for a Sell
✅ If any candle breaks below the 2855 support and the next candle breaks the low of the closing candle:
📉 We enter a sell trade, expecting further downside.
⚠️ Risk & Money Management 🎯
🔹 Always close partial profits at each target.
🔹 When full Take Profit (TP) is hit, close 90% of trades and hold 10% for long-term potential.
🔹 This disciplined approach ensures optimal risk management and capital protection.
📊 Trade wisely & manage risks effectively! 🚀
Trade active
Scenario 3 happensSell tp1 hit 80 pips
now set break even close 70% trades
set another Target at 2834
Trade closed: target reached
Congratulations our full target got hit150 pips in bank
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.