My entry was perfect, am just going to hold to TP,it is most likely hitting TP I have a lot of confidence it will, we will see
In this long currently TDI said it was oversold as hell AND Hidden Divergence
Am thinking of a stop hunt and shoot to the upside after getting everyone in a sellers mindset after that daily bearish close. This is just a fun idea that I had to post
Reasons am in this trade 1. Still an uptrend 2. descending triangle 3. Bouncing on weekly support 4. Good RR Reasons this could go wrong 1. Stop hunt 2. Price reverses
I was going to wait for a break but I changed my mind and still buy bias My confluences 1. 3RD trend line touch 2. 1.8 sup touched at the same time 3. Buyers market 4. 1 hour candle is a bullish piercing line 5.-25/-27 retracement and the 61.8% retrace match up perfectly with TP( quarter level theory ) and structure 6. on the 4 hour we see a lot of bearish...
the weekly is bullish and in a pattern to go up structure was also broken 3 times on the 1 hour making it a buyers market this move towards to the upside wont last long maybe around 100-300 pips and then a drop
Bearish push down might be a bear trap
Am currently doing A FTMO free trial and taking all these trade ideas seriously I got a lot of confluences on this trade with a proper stop loss 1. 4HR GraveStone Doji 2.2HR tweezer top 3.1HR bearish engulfing and evening star and other deep thought I've had on this idea! I hope it goes well! Make me top author :))))!!!!
Hopefully, this doesn't look bad in the future lmaoo. Sell Limit. Confluence last post. out.
Possible sells with OVERALL trend, riding the wave
Good RR but not a trade that shouldn't be taken seriously the 23% Level is being respected so it may just melt or stop everyone out first and then shoot down and then go up a little again