my updated entry for NAS100. if you can entry now with a low risk lot & once it closes under the structure you can do a better size. my IDEA shows you where you can enter. this is a very promising trade, price action at it's finest. I will eventually do a video on how i see these setups. word of advise; NEW YORK SESSION is where you ideally want to enter this...
after the BOS, that's your indication & after the indication, you will see a correction & then a continuation. we can expect to catch this big sell all the way down!!! use proper risk management. only risk 1-2% of your acc. more opportunities will arrive. never get greedy!! Follow me for more ideas
break & retest on a higher time frame. I've looking at this trade since Friday & it may play out in our favor. We're looking for a strong bullish rejection candle off of the golden zones. via 50,61 fib. Once it gives the right confirmations, I will enter for a buy & take this trade up to my extensions. If we get that confirmation candle, enter from the 50 & place...
if that current 4hr candle does an engulfing candle. I will enter for a sell & take it down to my second entry. the market shown a break of structure & an indication of a sell pattern. right now it's in a correction stage & it will continue to downside after doing so. my first target will be 1970 & my second target will be 1950. Pure price action!!
You can see from my first idea that we're trading XAUUSD. I made my first entry at 2001 & currently in a lot of profit. My initial entry I placed a 10 lot & this entry is much less via a 3 lot, just to protect my profits I foreseen that around this area would've been a good entry & so far it's looking promising. Usually I wouldn't advise trading outside of...
Looking for a bearish rejection candle followed by an engulfing candle. If we get our entry around the 50% level then we will place our SL above 61%. If we happen to get our entry at 61% we will place our SL 30 pips above that level.
we're ultimately looking for a break & retest for those levels. I have more of a SELL bias via the chart analysis but we're not ruling out the buy option.
You can expect this trade to hit it's target. If you're interested in getting in this trade, you can analyze on a smaller time frame like the 5,15 min & hop in. this trade most likely hit it's target tomorrow or by sunday. follow me for more trades. i will be posting more. & also check out my previous ideas for accuracy .
if you're interested in this trade; wait for an indication of rejection on the golden levels of the fib. if it rejected the 50 with bullish wick candle. place your SL on the 61 level or right below. If drops down to the 61 then rejects with a like bullish wick candle. we can place the SL 20 pips below the 61 level. once you're in be patient & take that buy up to...