use this as your direction and take trades based on this direction
i made this analysis by seein in 1hour and 15mins you can ask how it can be a swing lastly i had a entry on gold that took 3.5 days to hit my tp so thats the volatility and the sentiment movement of that pair i dint do any sentiment analysis and some fundamentals because my technical analysis itself going too good you can buy again in the retracement or buy now...
this isnot a clear setup because we know that we must bos the h1 but its rejecting multiple time and it was corrective on a h4 too and there is an order block on a h1 and i main bos and edz entry on h1 and 15mins so i took this trade
in this area i used a secret indicator to find next momentum in htf and then i went to smaller tf and then drawn a fib and then runned the sl to 0.0 coz the htf zone is at that level i think it amay fail because our sl must be above the area of level
resistance area was hitted though make it to resistance
support was smacking in the are so it must go to resistance in there based on d-4h-1h all alinged
i know that you are in a doubted state bro remember I learned forex and masterd it and stock is very very very easy comparing to forex its 1000% easier to control lets see if my stop hit for buy 126 points remember I know If my stop hitted 126 then my massive big quantity sell stop order will be placed (I am like Harshad metha, but instead I am using my own money
my name is benickking iam going to tell one thing about my new llimit order day trading strategy , 1st go to h4 and see ms 2nd go to 1h and see for break of a ms 3rd you wait a channel or any pattern to break and retest in this case liquidity and smart money trading used but with retail price action
market structure break in 1 hour and looked for last snr candle and marked and went to m15 and saw another last snr candle which cannot break the previous or forward took that as a confirmation and setted limit order on that
market structure has beeen broked to the downside and then it has been acted as resistance so i took trade at it and i waited for a confirmation to come and i took that trade i kept sl at just abve the wick always trail your stop loss coz it may get affected by some ranges
in this trade i found last support and resistance of a market structure and kept sl under the before candle wicks
check it out i will say the reason very soon folllow me thats it okay
sentiment analysis fundamentals technicals all are bearish so we have strong pressure you can see fundamental moves data on online ,and for sentimental analysis you can see in commitment of traders report, and for tecnicals you can see this patterns forming 1.strong support turns into resistance 2.falling wedge forming 3.bearish engulfing 4.parabolic sell signal
iam seeing a swing point reversing for top side so i decided to get in at the market at the 15 mins so i thrown my fibonacci at 15 i got my entry my minimum r:r shiould be 2 in this case i have 2+ so i took this trade