The price is ranging structure in monthly and daily timeframes
the price hits the upper range and reject with engulfing candles at the supply zone in daily timeframes
The set up is simple.
Engulfing breakout of range at the supply zone after price been ranging for a while.
The risk reward ratio is 5
the stoploss level is above supply zone
the target is the double bottom that cause price go went up
I risk 0.10% of entire portfolio on this trade.
the price hits the upper range and reject with engulfing candles at the supply zone in daily timeframes
The set up is simple.
Engulfing breakout of range at the supply zone after price been ranging for a while.
The risk reward ratio is 5
the stoploss level is above supply zone
the target is the double bottom that cause price go went up
I risk 0.10% of entire portfolio on this trade.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。