Daily Bias Bullish
4H:
MS change, LL formed, heading back to supply zone, 50 fib and EQ level.
Likely top of right shoulder if IHS is to form here.
4H:
MS change, LL formed, heading back to supply zone, 50 fib and EQ level.
Likely top of right shoulder if IHS is to form here.
Trade active:
Nice rejection from the EQ level overnight, entry hit, SL moved down.
Trade active:
First TP Hit.
I acidentally set my TP's on the hourly candles without realising, so 3 have filled already. This means I was targeting less R:R than I'd have liked. But can't complain about locking in profits.
First 4H target hit this morning around 60400, on top of the previous demand level
I acidentally set my TP's on the hourly candles without realising, so 3 have filled already. This means I was targeting less R:R than I'd have liked. But can't complain about locking in profits.
First 4H target hit this morning around 60400, on top of the previous demand level
In depth explanation here