I don't think there's much to say here. This is a MSB, even though there's little structure.
As there's no structure for resistance the last HL wick just becomes the entry (for the LH).
If price manages to get decently above this entry, I'll cut it and take the loss. Most structure has been formed here at the lows, so if price manages to get decently above my entry, it also gets above this structure, thus providing support which could make price jump up pretty quick as there's been little structure formed on the downmove.
Full 1R entry with SL red dashed line.
As there's no structure for resistance the last HL wick just becomes the entry (for the LH).
If price manages to get decently above this entry, I'll cut it and take the loss. Most structure has been formed here at the lows, so if price manages to get decently above my entry, it also gets above this structure, thus providing support which could make price jump up pretty quick as there's been little structure formed on the downmove.
Full 1R entry with SL red dashed line.
Dagangan ditutup secara manual
Closed for -0.13R
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.