Bullish divergence on MACD-H and EFI
I am trying to buy in the value zone
Entry: 0.0001360
Target 1: 0.0001399
Target 2: 0.0001410
Stop Loss: 0.0001342
Target 1 R/R ratio: 1:2.1
Target 2 R/R ratio: 1:2.7
Targets are flexible, depending on how the trade develops.
I did not succeed on the entry just yet, I have to wait for a pullback and will time my entry on the 5m chart.
I expect it to pullback at least to -1 ATR, if not, I'm passing on this trade, then I'm too late for the party.
I am trying to buy in the value zone
Entry: 0.0001360
Target 1: 0.0001399
Target 2: 0.0001410
Stop Loss: 0.0001342
Target 1 R/R ratio: 1:2.1
Target 2 R/R ratio: 1:2.7
Targets are flexible, depending on how the trade develops.
I did not succeed on the entry just yet, I have to wait for a pullback and will time my entry on the 5m chart.
I expect it to pullback at least to -1 ATR, if not, I'm passing on this trade, then I'm too late for the party.
Note
Trade successful! Target 1 reached, and target 2 on the way. Only without me, the pullback was there but only got to 0.0001365, and my buy of 0.0001360 was not hit.Note
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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.