Drey071023
30M TF Mitigation NY Session Short Sell to previous swing low
4HR Support breach. Looking for a pullback to OB on 4HR TF before continuation
Bias: Short-term sell after liquidity grab. Entry: 172.35–172.64 (resistance zone). Stop Loss: Above 172.95. Targets: TP1: 171.90 TP2: 171.76 TP3: 171.54 Risk/Reward: ~1:2 if full target hit. Key Note: Setup anticipates a stop-hunt above resistance before reversal.
Bias: Short-term sell after liquidity grab. Entry: 172.35–172.64 (resistance zone). Stop Loss: Above 172.95. Targets: TP1: 171.90 TP2: 171.76 TP3: 171.54 Risk/Reward: ~1:2 if full target hit. Key Note: Setup anticipates a stop-hunt above resistance before reversal.
DOWNSIDE SUBJECT TO BREAK OF ZONE AND BREAK OF TRENDLINE. BUY OTHERWISE, WAIT FOR 4 HR CANDLE CLOSE
TRADE IDEA - BUY BROKE OUT OF TRIANGLE PRICE ABOUT TO RETEST ZONE
broke out of channel on daily. looking for continuation to major resistance and retest
Sell trade / win Bought the minor retracement @1331.77 after previous breakout Profit $29.76 Was waiting until it reached previous resistance zone Sold too soon @1328.05 Price continued falling and broke zone :( Lesson: Patience. Wait for larger timeframe candle to close and make decision based on that
Winning trade Trade type: buy Trade setup: Upward trend. Breakout of support zone. Enter on retest Profit: $32.00