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ALRS 5M Conservative CounterTrend DayTrade

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Conservative CounterTrend Trade
- long impulse
+ 1/2 correction
- SOS level
+ support level
+ volumed 2Sp+

Calculated affordable stop limit
1 to 2 R/R take profit slightly above 1 H range
Transferrable to Swing after closes test and resumes buying on 1H
Transferrable to Investment trade after ends test and resumes buying on 1D

1H CounterTrend
"- short impulse
+ 1/2 correction
- unvolumed T1
+ support level
- volumed 2Sp-
+ test"

Daily CounterTrend
"- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test"

Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"

Yearly trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
Giao dịch đang hoạt động
Moves take profit to R47.79 since it didn't go my direction.

Will look for re-entry after 1H / daily test end.
Giao dịch được đóng thủ công
Broke even at R47,79
alrsChart PatternslongsetupsupportandresistancezonesTechnical AnalysisTrend AnalysisvolumespreadanalysisVSAWave Analysiswaveswvbawyckoffmethod

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