Hello traders,
I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
Below the indicated supply zone, a demand zone has formed, which now has to be overcome.
Then the way is clear until the demand level before the rally.
SL I place above the high of engulfing candle. (0.68469)
I place TP above Demand levels. (0.6666)
Always remember to trade with proper money management.
I recommend a maximum risk of 2%.
I found a supply level that was hit last week. The price is currently in a consolidation.
I waited for a confirmation (candle formation) before entering the trade. The confirmation was a engulfing candle on the D1 Chart.
Below the indicated supply zone, a demand zone has formed, which now has to be overcome.
Then the way is clear until the demand level before the rally.
SL I place above the high of engulfing candle. (0.68469)
I place TP above Demand levels. (0.6666)
Always remember to trade with proper money management.
I recommend a maximum risk of 2%.
İşlem kapandı: hedefe ulaştı
Hi traders, I hope you took the trade. We reached our target today :)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.