Market Context: Price touched Bullish Daily Fair Value Gap (FVG) following a new swing high. Bullish engulfing candle confirmation after retracement on H4 timeframe.
Entry Buy : $2564
Target Price (TP): $2640 (1.618 Fibonacci extension)
Stop-Loss (SL): $2527 (below FVG)
Monitoring: Track the price daily and adjust based on new market information.
Documentation: Record trade details and observations for future analysis.
Entry Buy : $2564
Target Price (TP): $2640 (1.618 Fibonacci extension)
Stop-Loss (SL): $2527 (below FVG)
Monitoring: Track the price daily and adjust based on new market information.
Documentation: Record trade details and observations for future analysis.
Trade active
Trade was activated and ongoingTrade closed: target reached
Target Reached.7900 pips
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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.
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.