^^^^ ^^^^ Long Trade Idea ^^^^ ^^^^
Simple High Quality Setup:
* Analysis Was On The Daily And 4Hr Time Frame *
-Price did break a daily trendline and bonce from a daily demand area
- We have trend line on the 4hrs time frame
- Good area for liquidity price might grab it and bounce from it
- Price might be heading to a major supply area that have not been tested at 29 that's a good
point to take profit
Good Possible Entry Price:
1st Entry : 27,100 ~ 27,000
2nd Entry : 26,750 ~ 26,700
Take Profits :
$$$ 1st Take Profit : 27,750
$$$ 2nd Take Profit : 28,500
$$$ 3rd Take Profit: 29,250
$$$ Final Take Profit : 31,500
**** Stop Loss : 26,250 ****
Stops should be below the trendline
Good Luck
Simple High Quality Setup:
* Analysis Was On The Daily And 4Hr Time Frame *
-Price did break a daily trendline and bonce from a daily demand area
- We have trend line on the 4hrs time frame
- Good area for liquidity price might grab it and bounce from it
- Price might be heading to a major supply area that have not been tested at 29 that's a good
point to take profit
Good Possible Entry Price:
1st Entry : 27,100 ~ 27,000
2nd Entry : 26,750 ~ 26,700
Take Profits :
$$$ 1st Take Profit : 27,750
$$$ 2nd Take Profit : 28,500
$$$ 3rd Take Profit: 29,250
$$$ Final Take Profit : 31,500
**** Stop Loss : 26,250 ****
Stops should be below the trendline
Good Luck