Short
7#4 Double setup - EOS
Short 1
Bearish trend in LTF,
H4 breaker need to touched,
Scalp with 1% risk, return 1:1R
Invalidation point if a 2h candle closes fully above 4.12
Full target in the chart: 3.72
Long 2
H4 breaker around 3.72 could be touched confluent demand zone (in blue box) and ascending trendline,
Scalp with 1% risk, return 1.1R
Invalidation point if a 4h candle closes fully below 3.50
Full target in the chart: 3.96
Details below
Bearish trend in LTF,
H4 breaker need to touched,
Scalp with 1% risk, return 1:1R
Invalidation point if a 2h candle closes fully above 4.12
Full target in the chart: 3.72
Long 2
H4 breaker around 3.72 could be touched confluent demand zone (in blue box) and ascending trendline,
Scalp with 1% risk, return 1.1R
Invalidation point if a 4h candle closes fully below 3.50
Full target in the chart: 3.96
Details below
Note
Trade active
Scalp short 1 I'll close here at 3.77 with result +0.8R book profitWaiting how to price action develop to filled my long or cancel second setup. Stay tuned.
Trade closed: target reached
Result: +0.8RShort +0.8R
Long not filled
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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.