Wait for Price action confirmation at 4hr Support on the 1hr timeframe.
Targeting weekly resistance
Targeting weekly resistance
Comentário:
Trade invalid, until weekly closes... Looking at the weekly. I have missed out a weekly resistance swing level. We would need to see the weekly close above before considering this trade setup.
Trade ativo:
Decided to enter on the 4hr closure.
Comentário:
Closed at B/E, not Weekly closure was essential on this one. now looking to reject this resistance level
Comentário:
Target hit, I did really like this setup, but i was focusing on the weekly resistance level, therefore this setup would breach my trading rules.. oh well