Trade 1 is a pullback from the internal bull trend, aligned with the 45-minute supply zone below and completing a Trinity Model 1 play. The profit target for this trade is 4 times your risk.
Trade 2 is a simple setup where the price moves above the range high, suggesting a potential Power of Three play. If the price breaks above this area, we might continue the trend; if it breaks down, we'll consider a counter-trend Model 1 play. Let's see how the price unfolds.
For confirmation, look for a clear market structure change on the 15-minute chart or higher.
Trade 2 is a simple setup where the price moves above the range high, suggesting a potential Power of Three play. If the price breaks above this area, we might continue the trend; if it breaks down, we'll consider a counter-trend Model 1 play. Let's see how the price unfolds.
For confirmation, look for a clear market structure change on the 15-minute chart or higher.
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🎯BOOK 121 TRAINING MASTERCLASS: tradejournal.co.uk/book-1-to-1-master-class/
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
🎯JOIN ONLINE BOOTCAMP:
WHEN? Last Sunday each month!
tradejournal.co.uk/bootcamp/
🎯Join Discord Community: discord.gg/SFmbjseS89
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.