Legend:
normal line: candle body based support / resistance
dashed line: wick based support / resistance
red line color: 1D timeframe based support / resistance
green line color: 4H tf based s/r
yellow line color: 1H tf based s/r
Description:
The yellow 1H price has 5 interactions as support. My main premise is, that this will serve as a strong resistance. It worked well already a few times during the trade. Even though that were fakeouts.
That resistance is also visible on the 4H. During the trade a daily resistance built up on the 1H resistance as well.
normal line: candle body based support / resistance
dashed line: wick based support / resistance
red line color: 1D timeframe based support / resistance
green line color: 4H tf based s/r
yellow line color: 1H tf based s/r
Description:
The yellow 1H price has 5 interactions as support. My main premise is, that this will serve as a strong resistance. It worked well already a few times during the trade. Even though that were fakeouts.
That resistance is also visible on the 4H. During the trade a daily resistance built up on the 1H resistance as well.
Nota
4H s/rNota
1D resistance that build up on the 1H levelNota
I have a 1D resistance just above my entry. But I expect that to be broken soon after the entry as it is quite close.Nota
I'm basically bearish until the price enters my trade.Nota
R/R is 2.34 (7.09% / 16.61%)Nota
The entry has been triggered. But the 11.650 level is not clear enough to pull up my stop-loss there.Nota
It reacts with the price. But not well enough in my opintion:Dagangan ditutup: hentian tercapai
I really have to improve pulling up my stop-loss and manage my trades better.
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.