We can see price already reacted to Daily Resistance
Now, we can see a clear breakout on H4, We wait for the price to pullback to the recent breakout and we can place our short order in the key level area
So, we have break out - pullback - entry
Where is the SL Area ? Yes, above the Previous Swing Area (Body to Shadow)
Where is the TP Area ? Yes, around the nearest Support Level (Body to Shadow)
Analysed By
Adika Anugrah W - @wixfor_x
Rayhan Ramlan Esfa - @BahasaTraders
Stevano Devon - @stevvon
Now, we can see a clear breakout on H4, We wait for the price to pullback to the recent breakout and we can place our short order in the key level area
So, we have break out - pullback - entry
Where is the SL Area ? Yes, above the Previous Swing Area (Body to Shadow)
Where is the TP Area ? Yes, around the nearest Support Level (Body to Shadow)
Analysed By
Adika Anugrah W - @wixfor_x
Rayhan Ramlan Esfa - @BahasaTraders
Stevano Devon - @stevvon