1. In HTF(4H) we can clearly see that we are bullish in short term, and the last valid low of 4H is 1.3248 which has been respected, meaning we still remain bullish.
2. As price right now has hit a demand zone in HTF, we proceed to go to LTF to observe for any ChoCh to the upside, as you can see in the chart am looking forward to seeing that pattern in lower time frame so that i can proceed to buy, with objective to break last high.
2. As price right now has hit a demand zone in HTF, we proceed to go to LTF to observe for any ChoCh to the upside, as you can see in the chart am looking forward to seeing that pattern in lower time frame so that i can proceed to buy, with objective to break last high.
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We didn't get in the trade, no confirmation was formed.Nota
As priced has broken structure in M15 recently, so that we can start buying price most brake last high of m15 which is 1.3113, then here we use fibo from last low to the new high to check for Pois below the 50% of the fibo for discount prices then here we can execute a trade, remember your order block most have FVG and liquidity most be created above your entry pointPenafian
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.