After a ~+300 pt, 3-week run, I’m looking for a corrective leg. The plan is to fade into the daily demand box and book most there, keeping a runner for a deeper flush.
Setup
Entry (sell limit/market): 3,634.2
Stop-loss: 3,666.0 (above supply sweep / top of red box)
Targets:
TP1 (major): 3,614 – top of the daily zone
TP2 (major): 3,600 – bottom of the daily zone (close bulk)
TP3 (aggressive): 3,504 – prior 4H pivot / extension
R/R (approx.)
Risk ≈ 32 pts (3666 – 3634)
To TP1: +20 pts ≈ 0.6R
To TP2: +34 pts ≈ 1.1R
To TP3: +130 pts ≈ 4.1R
Management
Move SL → BE after a clean 4H close ≤ 3614.
Trail above 15m LHs if momentum accelerates beyond 3600.
Invalidation: 4H close > 3666 cancels the idea.
Plan, not advice. Size small around news; I’ll take the majority of profits in 3614–3600 and reassess the reaction.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.