Hey guys, I just got back from my vacation and am excited to get back to chart time.
Pattern Identification
Bullish Shark @ 0.7485
Trade Execution
I will monitor for price rejection at 0.7485 first before entry.
I would want the volume when it reaches the PRZ zone to be lower than the volume when it initially tested that zone at around 19/4/2017.
My entry will be at the close of the first green bar after the PRZ zone is tested.
SL will go at 0.7455
TP1: 0.7547
TP2: 0.7595
Pattern Identification
Bullish Shark @ 0.7485
Trade Execution
I will monitor for price rejection at 0.7485 first before entry.
I would want the volume when it reaches the PRZ zone to be lower than the volume when it initially tested that zone at around 19/4/2017.
My entry will be at the close of the first green bar after the PRZ zone is tested.
SL will go at 0.7455
TP1: 0.7547
TP2: 0.7595
Bình luận:
Yes it gapped up. However this idea is still valid. Do wait for price to hit PRZ before we decide whether to go long.
Bình luận:
Price is right there at our PRZ.
In 20 mins, I will enter long if the candle closes with a nice long body.
I want to see volume being low to average.
Patience is paying off.
Price is right there at our PRZ.
In 20 mins, I will enter long if the candle closes with a nice long body.
I want to see volume being low to average.
Patience is paying off.
Bình luận:
changed my mind, price should go above PRZ before long. Still waiting for one final push above prz.
Bình luận:
Bình luận:
Bình luận:
Still waiting for price to break above PRZ before going long. This setup is still valid.
I like the volume activity at the PRZ.
Will keep you guys posted.
I like the volume activity at the PRZ.
Will keep you guys posted.
