On D1, there is a break of structure to the downside so D1 is -
We plot the S/R on D1 and wait for price to breakdown and retest this level. Which happened on 6th Feb 9am GTC +4.
Now we plot H4 S/R and wait for a retest of the 1st level at 0.6507. Price is on the way to reach this level. Enter after a confirmation, which could be a acceleration on m3 (supply zone, or 1.5ATR body) or a rejection / acceleration.
From this H4 Resistance at 0.6507, we have multiple re-entries possible, if price breaks and retest 0.6504, 0.6495, and 0.6491.
Keep in mind target on this D1 game is the next D1 S/R at 0.6441, which gives an great reward of 20X (20$ profit for 1$ risk). And that is just for entry 1. SL is set at 0.6513/ TP at 0.6441. Entry 2 at 0.65045 and entry 3 at 0.6495 offers an even bigger reward!
We plot the S/R on D1 and wait for price to breakdown and retest this level. Which happened on 6th Feb 9am GTC +4.
Now we plot H4 S/R and wait for a retest of the 1st level at 0.6507. Price is on the way to reach this level. Enter after a confirmation, which could be a acceleration on m3 (supply zone, or 1.5ATR body) or a rejection / acceleration.
From this H4 Resistance at 0.6507, we have multiple re-entries possible, if price breaks and retest 0.6504, 0.6495, and 0.6491.
Keep in mind target on this D1 game is the next D1 S/R at 0.6441, which gives an great reward of 20X (20$ profit for 1$ risk). And that is just for entry 1. SL is set at 0.6513/ TP at 0.6441. Entry 2 at 0.65045 and entry 3 at 0.6495 offers an even bigger reward!
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.