Note: there is 2 available set-ups on this chart, personally, will enter a limit order for the first setup first, and not both at once. Although both set ups are valid, Mr Market is always right, and do not want to be caught suffering 2 straight losses at one go; be more defensive will be good in the longer term.
First:
Long @ 1.3313
Reason:
1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level
2. Prior rejection candle level broken through – resistance has now became a support level
Our Trade Setup will be:
EP: 1.3313
SL: 1.3293
TP: 1.3333
Second:
Long @ 1.3303
As you can see both orders are pretty close to one another. Hopefully the first order will be a “touch and go” situation.
Reason:
1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level
2. Prior rejection candle level broken through – resistance has now became a support level
Our Trade Setup will be:
EP: 1.3303
SL: 1.3283
TP: 1.3323
Notice our reasonings are always almost the same – our validation is consistent, as long as our win-rate is high, our trading should always be profitable consistently.
Best Regards,
NourCapital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
First:
Long @ 1.3313
Reason:
1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level
2. Prior rejection candle level broken through – resistance has now became a support level
Our Trade Setup will be:
EP: 1.3313
SL: 1.3293
TP: 1.3333
Second:
Long @ 1.3303
As you can see both orders are pretty close to one another. Hopefully the first order will be a “touch and go” situation.
Reason:
1. Prior consolidation before strong up move, shows hidden buying activities at this region - buyers will be likely to defend their positions at this level
2. Prior rejection candle level broken through – resistance has now became a support level
Our Trade Setup will be:
EP: 1.3303
SL: 1.3283
TP: 1.3323
Notice our reasonings are always almost the same – our validation is consistent, as long as our win-rate is high, our trading should always be profitable consistently.
Best Regards,
NourCapital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
交易結束：目標達成
TP hit!
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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。