through some testing I'm trying to attempt to limit my tools and try something basic like supports/trend bounces in a Particular 4h and daily sideways structure showing downside in a correction
Confluence
- Daily and 4 hour show Range bound/ basic support and resistance
- Direction of move is clear
- Trading the bounce of trend line down and will reevaluate proper risk reward at that moment.
- 2/1 for higher odds. possible second TP at the bottom for a 3/1 partial contract/lot
Confluence
- Daily and 4 hour show Range bound/ basic support and resistance
- Direction of move is clear
- Trading the bounce of trend line down and will reevaluate proper risk reward at that moment.
- 2/1 for higher odds. possible second TP at the bottom for a 3/1 partial contract/lot