STRICT RULES FOR THIS ONE Must break close and retest entry level befor entry on 4hr time frame - reason that this must break structure and hold to move from the downtrend it is on to start the beginning of the uptrend - if the retest of entry doesn't hold and it falls below watch in the notes on how to proceed with this trade RR 1:2.75 **** IF THIS BREAKS...
With a break down out of the wedge on the 4HR time frame old trade idea is now void and looking for a better entry around the 44250. Looking for it to build up some consolidation to establish level before entry to avoid draw down or possible stop loss. This trade will stay valid unless it breaks below the green box
Trade is on the daily time frame but looking for a break close and retest for entry on the 4hr time frame TP1 IS FIB LEVEL .5 TP2 IS FIB LEVEL .618 Make sure to move stop loss to entry after trade hits TP1 for risk free trade RR 1:3 **** IF TRADE BREAKS AND CLOSES BELOW STOP LOSS BEFOR COMING TO ENTRY TRADE IS INVALID ****
Looking for a break and retest of entry zone on minimum 4HR time frame for entry The risk to reward is not the best on this trade but can still see some profits RR 1:2.25
Looking for a break and retest to confirm direction of trade on minimum 4HR time frame
This is not a new trade idea but just a trade I am currently in
The RR is not here for me to take this trade but I did draw it up for practice and to watch how it plays out.