1. we have a channel where we'll probably have a fakeout to get the longs SL's 2.on breakout from the channel we'll get a lot of shorts . The price can reverse from there to get the SL's from the new shorts.
Short: you can see the short idea with entries above the yellow trendlines + resistance, where the SL's for short are. We can get a nice reaction from there with a great RR. Long: We 2 possible trades if the market goes sideways for a while
Entry - on the demand zone. SL - just under it TP - above the current consolidation (where SL's will be for shorts)
Scalp entry: latest highs SL , just above those TP -> 2xSL I'm trying to find a set and forget scalping strategy . I need 50% win rate. On 100 trades we'll have 50 times Risk%
Entry1: Low of the recent LTF range SL: at the bottom of the range (risk to have it taken and go in our direction) - so.. better have a wider SL TP: just above the range Entry2: Low of the recent range SL: under the range lows TP: top of the channel where we might encounter strong resistance
Entry1: Demand zone: 0.119 considering where the price stopped before. The entry would be right beneath recent lows. Here, we probably have a lot of SLs, but it's also possible to have breakout shorts. A direct entry without some confirmations on LTF is riskier. SL: right below the last doji. TP: on a further away Supply zone that coincides with fib 0.5, or the...
Entry: Demand zone + support of the uptrending channel + trend reversal from the green trendline SL: below demand TP first supply zone OR close to 0.4$
Trade1: Entry 139, SL below demand zone 134$. TP 149$ - RR:2 Trade2: Entry 139, SL below demand zone 134$, TP 155$ - RR: 3.2
4H Timeframe: we have a fake breakout of the purple trendline. Short SL's have ben taken and now we're hunting for long SL's. 1.We have price into a rage 0.37 - 0.39 2. We have an imbalance: red elipse which might mean a sudden price drop. 3. we have a demand zone near support and trendline where we can have our TP. 4. You can partially take profits along the way,...
Trade1: Entry on demand area, above support (0.76), SL under support. TP: middle of the channel, depending on when the trade happens. Trade2: Entry on low of the channel. 4h support. (0.67) SL: under that support. TP: close to the resistance. Conservative: below. Expecting getting back in the channel , longer trade: above the green resistance
Trade1: Range Play . Entry top of the range. SL: above resistance. TP: in the demand zone. Trade2: ChannelTop + Supply zone on higher timeframe. SL: above the supply zone TP: somewhere on support , middle of the channel.
Considering a short before getting to the resistance level . SL just above the resistance, TP at a close support.
Considering a long if the price gets into the Demand zone, under a support. Maybe getting into that fake breakout
Notice the similarities between the 2 zones. We have a top resistance (green, with a fakeout, strong rejection) Dojis/small candles following that move. Price at a trendline support , testing it multiple times. Crash after a while to the next trendline support ... and even further after.
Trade1 : Short@69850 , TP68700, SL 70250 . Short when getting close to a previous high in a higher timeframe. TP @previous SR Trade2: Short@71200 , TP 69600 , SL 71800 , TP@current high that could become support. SL slightly above. These are long shot ideas. Prices for entry/SL/ TP probably will vary depending on the price action at that time
Trade1 - EarlyEntry 67100 . It's alright if the volatility is low Trade2 - retesting of the support, safe trade
3 scenarios, depending on the price action. Long @0.5 if the support line is tested Short@0.57 if the resistance there is tested. Long@0.57 if the resistance Is broken and the price retraces to the price
We can see the purple daily trendlines. Price actions shows us the demand zone. SL below demand zone. TP at the next resistance. This could extend a lot more on the upside.