Idea Overview:
The market has completed a Fair Value Gap (FVG) fill on the 4-hour chart, signaling a potential opportunity to go long, aligned with the primary bullish trend on the daily timeframe. Our strategy focuses on targeting the previous resistance level as the initial objective, followed by a slightly higher zone where future liquidity may reside before a potential trend reversal.
Strategy Details:
Primary Trend: The daily timeframe confirms a bullish trend, supporting long positions.
Fair Value Gap (FVG): The 4-hour FVG provides an optimal entry zone, pending momentum confirmation.
Initial Target: The nearest prior resistance level is identified as the first take-profit area.
Extended Target: A liquidity-rich zone slightly above the resistance, anticipating price action to absorb liquidity before any significant reversal.
Key Notes:
Momentum Confirmation: Wait for clear momentum signals before entering.
Risk Management: Place stop-losses strategically below the FVG zone or recent swing lows.
Confluence: Monitor volume and market sentiment for additional validation.
Let’s discuss this idea and refine it further together—share your insights below!
The market has completed a Fair Value Gap (FVG) fill on the 4-hour chart, signaling a potential opportunity to go long, aligned with the primary bullish trend on the daily timeframe. Our strategy focuses on targeting the previous resistance level as the initial objective, followed by a slightly higher zone where future liquidity may reside before a potential trend reversal.
Strategy Details:
Primary Trend: The daily timeframe confirms a bullish trend, supporting long positions.
Fair Value Gap (FVG): The 4-hour FVG provides an optimal entry zone, pending momentum confirmation.
Initial Target: The nearest prior resistance level is identified as the first take-profit area.
Extended Target: A liquidity-rich zone slightly above the resistance, anticipating price action to absorb liquidity before any significant reversal.
Key Notes:
Momentum Confirmation: Wait for clear momentum signals before entering.
Risk Management: Place stop-losses strategically below the FVG zone or recent swing lows.
Confluence: Monitor volume and market sentiment for additional validation.
Let’s discuss this idea and refine it further together—share your insights below!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.