Hello every body
In here in this chart we have in 4h time frame we have BW ( breakwave ) and now we need to have pullback and in here we have a candle pattern ( Ascending cover ) and when we are checking the chart in back we can see we are in support zone that made before and now with this pattern we can buy but its 50 50 , but with this very low stop loss we can buy and scalp this position until the first resistance
The one the most point we should becareful about it , that is the trend is downward in microwave and this position is opposite of the trend but it has a nice R/r and this is good for scalper
Dont forget use stop loss and attention to money management
Good Luck
Abtin
In here in this chart we have in 4h time frame we have BW ( breakwave ) and now we need to have pullback and in here we have a candle pattern ( Ascending cover ) and when we are checking the chart in back we can see we are in support zone that made before and now with this pattern we can buy but its 50 50 , but with this very low stop loss we can buy and scalp this position until the first resistance
The one the most point we should becareful about it , that is the trend is downward in microwave and this position is opposite of the trend but it has a nice R/r and this is good for scalper
Dont forget use stop loss and attention to money management
Good Luck
Abtin