We have some nice confluence above, where we left an nPoC + a level that didn't sweep on the CME chart yet.
If we can have a bit more downside first and tag last week's CME close which coincides with a high volume node, fib retrace and another nPoC, we long with tp1 and tp2 at the nPoCs above.
Invalidation: lose H4 EMA 200 and high volume node below us
You can always tighten the risk of course, but the idea stays the same.
If we can have a bit more downside first and tag last week's CME close which coincides with a high volume node, fib retrace and another nPoC, we long with tp1 and tp2 at the nPoCs above.
Invalidation: lose H4 EMA 200 and high volume node below us
You can always tighten the risk of course, but the idea stays the same.
Trade active:
Pretty happy with how that played out.
Could take some profit here, I'm holding for higher with stops at breakeven.
Could take some profit here, I'm holding for higher with stops at breakeven.
Trade closed: target reached:
tp1 hit
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