Hello fellow traders,
At and above entry we have a cluster of HTF resistances:
I would argue that this is a relatively low-risk trade because of the confluences at that level. Take a profit when the trade has been completed for 50% and move your stop-loss to entry.
Good luck and happy trading!
Kind regards,
n1d0
At and above entry we have a cluster of HTF resistances:
- Horizontal (Weekly)
- HTF Fib Fans (0.5)
- HTF Fib Retracement (0.328)
- Order Blocks
- VPFR from ATH (VAL)
I would argue that this is a relatively low-risk trade because of the confluences at that level. Take a profit when the trade has been completed for 50% and move your stop-loss to entry.
Good luck and happy trading!
Kind regards,
n1d0
Nota
I forgot to mention another confluence: the 30k price level itself. It is an important psychological resistance.Nota
As if we didn't have enough confluence: above entry we also have the 0.236 Fib Retracement level from ATH.Pesanan dibatalkan
Cancelled! But the idea is still valid. I will post this again if we are approaching the level.
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.