After carefully studying the graph he published this idea which precisely reflects the points of my interest.
As you can see from the graph my entry point corresponds to the yellow circle with the relative SL AND TP set with a risk/reward of 1:4.
We are in the HYPER BOUGHT area on the 1D chart and on the 4H chart we had a HYPER BOUGHT with a breakout signal for sale.
I therefore predict a SHORT.
If you have any questions, please feel free to comment.
Happy trading everyone.
As you can see from the graph my entry point corresponds to the yellow circle with the relative SL AND TP set with a risk/reward of 1:4.
We are in the HYPER BOUGHT area on the 1D chart and on the 4H chart we had a HYPER BOUGHT with a breakout signal for sale.
I therefore predict a SHORT.
If you have any questions, please feel free to comment.
Happy trading everyone.
Comment:
We are still waiting for confirmation to start the trade.
Comment:
Trade started
Trade closed: target reached