๐ Idea:
The price has already bounced off the daily FVG and started moving upward. On the lower timeframe, an uptrend is forming, but confirmation is still needed.
๐ Two possible scenarios:
1๏ธโฃ Wait for a clear confirmation before entering long.
2๏ธโฃ Wait for a deeper liquidity grab, another bounce, and then enter long.
๐ Entry: after confirmation or additional liquidity sweep.
๐ฏ Take profit: above the last local high.
๐ Stop loss: below the last low or under the FVG zone.
The price has already bounced off the daily FVG and started moving upward. On the lower timeframe, an uptrend is forming, but confirmation is still needed.
๐ Two possible scenarios:
1๏ธโฃ Wait for a clear confirmation before entering long.
2๏ธโฃ Wait for a deeper liquidity grab, another bounce, and then enter long.
๐ Entry: after confirmation or additional liquidity sweep.
๐ฏ Take profit: above the last local high.
๐ Stop loss: below the last low or under the FVG zone.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
๐ Telegram: t.me/+cY1PokZNwnliYjYy
๐ Telegram: t.me/+cY1PokZNwnliYjYy
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.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
๐ Telegram: t.me/+cY1PokZNwnliYjYy
๐ Telegram: t.me/+cY1PokZNwnliYjYy
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.