Multiple time frame analysis with prices arriving at D1 supply. Looking to get short on the H1 time frame.
Trade active:
Got stopped out on the lower supply zone on the H1 time frame, and currently managing an opened position being short from the higher supply zone at 1.1242.
Looking to take half profits at 1.119 and letting the rest run up till the H4 demand zone at 1.113
Looking to take half profits at 1.119 and letting the rest run up till the H4 demand zone at 1.113
Comment:
Took half profits off the table at 1.119, letting the rest run to 1.113
Comment:
Will be trailing the trade behind supply zones on the H1 time frame, up to the H4 demand zone at 1.113
Trade closed: stop reached:
Prices spiked up and took out the trailing stops.
Final profit for this trade: ~2.5R
Final profit for this trade: ~2.5R