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#6 - Price Action 4H - 1H - 30M
U.S. Dollar / Japanese Yen
Short
#6 - Price Action 4H - 1H - 30M
By Lit7leBoy
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Updated
Nov 16, 2020
0
Nov 16, 2020
4H: Identify trend following of 4H
- Buy when uptrend
- Sell when downtrend
- Wait if sideway
1H: Observing the price action at the key level (breakout, retest, false break)
30M: Finding the best entry for perfect Risk/Reward ratio
Nov 16, 2020
Trade active
Nov 16, 2020
Note
Move SL lower, above the key level
Nov 16, 2020
Note
Move SL down and above the next key level
Nov 16, 2020
Note
Price nearly hits my SL, but it's a false break. Price continues moving down.
Nov 17, 2020
Note
Move SL to lower key level
Support and Resistance
Lit7leBoy
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Also on:
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