Chart time frame - H4
Timeframe - 4-8 Hrs
Actions on -
A – Activating Event
Market consolidating above the 200 mva and has reached a condition of being oversold.If we see a break and hold above the 52.80, a long position may be an option :)
B – Beliefs
Market move towards the first Target 1 level @ 54.00
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 54.00
Target 2 @ 0.
Risk/Reward @ 3.1
Happy trading :)
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!