BUYING: 1. Buy Stop above 1.24 2. Buy Limit around 1.22 (DO not place the order right away) wait for price action there.
Target: 1.27
Abbreviations;
NS= No supply DW= Demand Wave RFSB= Resistance from Supply Bar SFDB support from Demand Bar SLK= Stop Loss killer
My Mentors and Inspiration Volume Analysis - Oleg Alexandrov Money and risk Management - Dmitriy Lavrov
İşlem aktif
Not
I would take partial profits around 1.25 (100 pips) and let the remaining position run for 1.27.
(Please Always follow your Risk management)
Not
Possibility of better Re-entry or addition of position.
Watch out for price action from 1.238 to 1.234. high chance of having SLKB there. Don't open positions on open candles. Let the candles close and brainstorm your entrry points.
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