#1 - Price Action 4H - 1H - 30M - [TP RR: 1 - 2.7]

13 Kas 2020

4H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway

1H: Observing the price action at the key level (breakout, retest, false break)

30M: Finding the best entry for perfect Risk/Reward ratio

13 Kas 2020

Not

4H is uptrend

13 Kas 2020

Not

1H price breakout key level and going up

13 Kas 2020

Not

30m: Very bullish marubozu candle, so I open 5m to find an entry.

13 Kas 2020

Not

Price is move perfectly, I move the SL to break-even.

13 Kas 2020

Not

Move the target to previous key level on the big time frame

13 Kas 2020

Not

At 5m chart, the price is pulled back and nearly touched the SL

13 Kas 2020

Not

At 1m chart, price is going up again after a pinbar, so I move the sl right below the pinbar.

13 Kas 2020

Not

Price is still trying to retest the keylevel, let see if it hit the SL and go down or break-out to continue the up trend

13 Kas 2020

Not

Price is break-out

13 Kas 2020

Not

Look like a false-break,

13 Kas 2020

Not

1m is still an uptrend

13 Kas 2020

Not

Trend is still very strong bullish,

13 Kas 2020

Not

At 30m timeframe, price is break-out 1890 and going up on the way without any key levels

13 Kas 2020

Not

Still, very strong bullish at 4h chart, SL still holds at previous position.

13 Kas 2020

Not

Move the SL right below previous 30m candle

13 Kas 2020

Not

Move the SL right below pinbar 15m candle

13 Kas 2020

İşlem kapandı: durdurma seviyesi

Price pull back and touch the SL. Risk/reward: 1 - 2.7
That sounds not bad.