"To be the best you have to work overtime." -Floyd Mayweather Jr.
I have simply come up with this Narrative to go LONG from studying PA. On the 4Hr TF price rejected multiple times at the Daily Support level and buyers started to push up from the supported LEVEL ($2309.0)...
1) We have a clear 1Hr inside bar candle that has yet to be mitigated and this is what I want to enter the market LONG off of. I took 50% of the zone covered the Last Market Low for my stop and I'm targeting the next Minor S&R Zone in the market also based off the 4HR TF ($2335.5)...
Now lets see if we can get the Tag in and BIG PUSH UP!!
Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!!
Price came all the way down to mitigate the 1HR Demand and took off towards TP... I wanted a deeper mitigation of the Demand zone however didn't get it... All good on to the next!
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.