Reasoning ( at Scenario 2) :
- The Area between 0.92005 and 0.91801 has been tested at multiple time (See chart D1)
when the price touches this area, the price goes back down.
- The price dropped and touched the 200 EMA, the possibility of the price going back down or sideway near this area.
- The price has broken out forming a lower LL value (see TF H4)
- EMA 50 line is moving narrower closer to EMA200
Condition :
- wait and see If the price forms a Double top in the area of value 1 (TF H4), see top 2
- Prepare for entry IF PRICE Break the suport area at TF H1 (0.91801) at Scenario 2, and bearish candle confirmation close below
this area.
Entry :
- Under 0.91801 (details see Time Frame H1)
Stop Loss :
- Above 0.91984 + 15 Point
Take Profit
- Target 1 : Near EMA200
- Target 2 : Near support area under EMA200
- Target 3 : Area Of Value 2 (see Picture)
Risk : Reward = 1:1 or 1:1,5 (be Flexsible)
- The Area between 0.92005 and 0.91801 has been tested at multiple time (See chart D1)
when the price touches this area, the price goes back down.
- The price dropped and touched the 200 EMA, the possibility of the price going back down or sideway near this area.
- The price has broken out forming a lower LL value (see TF H4)
- EMA 50 line is moving narrower closer to EMA200
Condition :
- wait and see If the price forms a Double top in the area of value 1 (TF H4), see top 2
- Prepare for entry IF PRICE Break the suport area at TF H1 (0.91801) at Scenario 2, and bearish candle confirmation close below
this area.
Entry :
- Under 0.91801 (details see Time Frame H1)
Stop Loss :
- Above 0.91984 + 15 Point
Take Profit
- Target 1 : Near EMA200
- Target 2 : Near support area under EMA200
- Target 3 : Area Of Value 2 (see Picture)
Risk : Reward = 1:1 or 1:1,5 (be Flexsible)
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.