Good day,
This is not yet an active trade, I will post if I enter this trade.
We have a break and close below the major Supply and demand Zone.
We also have a Break and close below the Daily 8 EMA.
We are in the process of retesting the Daily 8 EMA, if the retest fails this trade will not be valid.
If we have continuation to the downside I will enter trade on the 3rd successful Hourly candle.
TP will be the next Supply and Demand zone.
SL will be just above the previous High and 50 EMA on 15 TF.
This is a very aggressive trade an you need to manage your risk accordingly.
Please share your thoughts on this trade.
This is not yet an active trade, I will post if I enter this trade.
We have a break and close below the major Supply and demand Zone.
We also have a Break and close below the Daily 8 EMA.
We are in the process of retesting the Daily 8 EMA, if the retest fails this trade will not be valid.
If we have continuation to the downside I will enter trade on the 3rd successful Hourly candle.
TP will be the next Supply and Demand zone.
SL will be just above the previous High and 50 EMA on 15 TF.
This is a very aggressive trade an you need to manage your risk accordingly.
Please share your thoughts on this trade.