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A possible Long Scenario

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As it's shown we have a possible QM setup at the lower extreme point. As always two types of entry could be taken into consideration.

Risky Trade : Enter upon, price reaching the entry level and set the SL and TP accordingly. This method is riskier because it might ignore the level and hit the SL.

Confirmed Trade: Upon reaching the entry level, Check the lower time frame like 1 or 5 and spot reversal ( CHOCH) to the upside.
Nota
Order has been activated
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CAD News is hitting the market in 20 min
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Trade went in our direction after hitting the SL Due to the important news

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.