How to use these levels - Entry initiates as soon as 15 min candle closes above or below these levels for buying or selling respectively.
These are pure price action levels.
For learning purpose.
DISCLAIMER - In order to maintain a healthy and sustainable trading approach, I strongly advise traders to limit themselves to no more than two trades per day, and to use no more than 25 percent of their available capital in any one trade. This will help to manage risk, prevent overexposure, and maintain a stable psychological state.
In addition, I recommend that traders take every trade with a minimum 1:2 risk reward ratio, in order to ensure that potential gains outweigh potential losses. This will help to maintain a positive overall risk/reward balance and reduce the impact of individual losing trades.
These are pure price action levels.
For learning purpose.
DISCLAIMER - In order to maintain a healthy and sustainable trading approach, I strongly advise traders to limit themselves to no more than two trades per day, and to use no more than 25 percent of their available capital in any one trade. This will help to manage risk, prevent overexposure, and maintain a stable psychological state.
In addition, I recommend that traders take every trade with a minimum 1:2 risk reward ratio, in order to ensure that potential gains outweigh potential losses. This will help to maintain a positive overall risk/reward balance and reduce the impact of individual losing trades.