Instead of using the 4H, I decided to use the Daily instead to gauge the swing highs and lows for supply and demand zones.
then I went down to the 15 minutes time frame to look for a market shift.
After the market shift, I look for a break of structure with price making higher high, higher low, for longs. vice versa for short.
and then I place the buy limit.
going for 3R.
Trying to get in tune.
Replaying the bars is easy because theres not lag when price is not moving, we just click next, but when its real time and the price is not moving, theres the omg my brain is moving but my body is, kind of whipsaw. mental kind that damages the brain cells with stress.
NZDCHF Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the NZD/CHF "Kiwi vs Franc" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the MA breakout (0.48700) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries. ๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐ Thief SL placed at the recent/swing low level Using the 30mins timeframe (0.47600) Day trade basis. ๐ SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
๐ดโโ ๏ธTarget ๐ฏ: 0.49900 (or) Escape Before the Target
NZDCHF It is going down and the pair made a bearish breakout and it is confirmed so we are bearish... We can enter a sell trade from 5034 with the take profit of 0.5018 and the stop loss of 0.5060.