my confluences;
d; the big trend is bearish
4h; bullish
( for a quick intraday trade imma follow the 4h trend)
broke the range zone
price broke above resistance
broke the previous HH with high momentum
above 50/20emas
1h
long wick rejection .
15m
my entry was on the close of an engulfing candle
sl; previous swing
tp; nearest s/r a quick one price may reverse on me at any moment cus its a counter trend trade
RM;
risk; always 1% or less
rrr; the mini target 3.1
PSY;
protect capital first then make money second
always manage ur risk vs reward
be patient on ur setups
advice; when the position is on profit trailing stops and scaling onto the trade while letting previous once risk free.
d; the big trend is bearish
4h; bullish
( for a quick intraday trade imma follow the 4h trend)
broke the range zone
price broke above resistance
broke the previous HH with high momentum
above 50/20emas
1h
long wick rejection .
15m
my entry was on the close of an engulfing candle
sl; previous swing
tp; nearest s/r a quick one price may reverse on me at any moment cus its a counter trend trade
RM;
risk; always 1% or less
rrr; the mini target 3.1
PSY;
protect capital first then make money second
always manage ur risk vs reward
be patient on ur setups
advice; when the position is on profit trailing stops and scaling onto the trade while letting previous once risk free.