Mira wrote:I'm giving it a try:
UJ attempt 1.png
Mira wrote:I'm giving it a try:
UJ attempt 1.png
Decision is based on D1 bearish MOMO (50%) + Doji Zone (H1-).
SL is around the upper yellow line because i had an idea: to see where price is coming from to find the price level and to see my entry zone just as a rejection from that pattern, so the stop loss is at the high of the range (D1 MOMO open).
TP is at the white line because it's the midpoint of the last bullish move + Failed bearish Z-line. Assuming that i'm shorting from a top then the midpoint is there (My short - Pivot Low), assuming that i'm shorting from a midpoint then the low is there too (H - M - L).
Angles are 15* and placed at previous Z formations (I don't know if they are drawn correctly )
- While i was posting i had an internet crash too