4H Analysis: Price is sitting at a significant order block, indicating potential bullish strength. 1H Confirmation: A clear retracement has occurred, and the structure is forming higher highs, signaling continuation of the uptrend. 15M Precision: Momentum aligns with higher time frames, with price pushing consistently higher. Entry Plan:
Wait for price to break and retest a minor trend line. Look for rejection candles or wicks during the retest to confirm entry. Target & Risk Management:
Risk-Reward Ratio: 1:3. Position sizing based on your predefined risk percentage per trade. This ensures alignment across multiple time frames for a high-probability setup. 💹
Tip: Stay disciplined, wait for confirmations, and avoid forcing trades. Like & follow for more actionable insights! 🚀
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.