First of all,
Wait for confirmed breakout on the asset.
As long as the value area low on a local support zone holds, we are only thinking in long direction.
Risk reward here is 3:1 which is a little bit riskier than usual. but the potential of this trade is increasing every time it breaks levels and gets away from value area low.
For a potential swing failure keep your eyes on the breakdown of the value area low and keep eyes on the volume.
After it get's back to the area it will be a really high potential of hitting targets
Wait for confirmed breakout on the asset.
As long as the value area low on a local support zone holds, we are only thinking in long direction.
Risk reward here is 3:1 which is a little bit riskier than usual. but the potential of this trade is increasing every time it breaks levels and gets away from value area low.
For a potential swing failure keep your eyes on the breakdown of the value area low and keep eyes on the volume.
After it get's back to the area it will be a really high potential of hitting targets
Nota
Be aware of the combo zone of 200 EMA and the point of control if the price trades there
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.