us30 retracement trade 11/20 LDN session
i prepared for 2 possible setups:
1) A buy if ASIAN HIGH is broken and held
2) A sell if the ASIAN LOW/ DAY BEFORE'S LOW was broken and held
- I used the m1 to find my entry using m1-m15 order blocks to support my analysis
--> along with the entry patterns: QM, ENGLUFINGS, Break-Retest-Follow thru
-I targeted the retracement going toward the NY HIGH of the day and continued to manage the take profit and stop loss as price continued on past it
- Once i started to see price stall on the M1 and continue to break, retest, and follow through to the downside going through the other TFs i decided to bring my stops 28pips into profit and let it play out while i slept
Overall my analysis panned out the way i thought it would
For those wondering, this retracement was based off of the H4 TF following the large continuation push that was produced
1) A buy if ASIAN HIGH is broken and held
2) A sell if the ASIAN LOW/ DAY BEFORE'S LOW was broken and held
- I used the m1 to find my entry using m1-m15 order blocks to support my analysis
--> along with the entry patterns: QM, ENGLUFINGS, Break-Retest-Follow thru
-I targeted the retracement going toward the NY HIGH of the day and continued to manage the take profit and stop loss as price continued on past it
- Once i started to see price stall on the M1 and continue to break, retest, and follow through to the downside going through the other TFs i decided to bring my stops 28pips into profit and let it play out while i slept
Overall my analysis panned out the way i thought it would
For those wondering, this retracement was based off of the H4 TF following the large continuation push that was produced
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.