27 February 2020
H1 Hard Stop for sell orders has been invalidated, and the Current structure has got the H1 beginning to point upwards, as such, the H4 bulls seem to have won the tussle between the H1 and H4 setups, so we will be looking at buying dips. Will be looking at getting a breakout from this previous range that the market has been trading within during the past 24hours. A look at the H4 chart shows a flat bullish zone signalling the previous sideways range the market has been, as such the outlook becomes for the H1 to beginning sloping upwards as the sell orders stop has been taken out.
H1: Buy Zone: 1646.95 - 1645.75 Hard Stop handle:1645
H4: Buy Zone: 1646.30 - 1639.83 Hard Stop Handle:1636
D1: Buy Zone: 1612.74 - 1588.82 Hard Stop Handle: 1581.13
Any H1 close below the H1 hard stop handle can be used to limit risk and get out of the H1 buy setup
Any H4 close below the H4 hard stop handle can be used to limit risk and get out of the H4 buy setup
Any D1 close below the D1 hard stop handle can be used to limit risk and get out of the D1 buy Setup.
Including these hard stops handle as a means to limit risks given the current market uncertainty and the whipsaw PA we have been seeing of late...
Intra day levels
Upside
1685.52
1670.27
1657.02
1655.48
1651.70
Downside
1646.43
1640.23
1634
1626.87
1625.44
1621.66
Green Pips
H1 Hard Stop for sell orders has been invalidated, and the Current structure has got the H1 beginning to point upwards, as such, the H4 bulls seem to have won the tussle between the H1 and H4 setups, so we will be looking at buying dips. Will be looking at getting a breakout from this previous range that the market has been trading within during the past 24hours. A look at the H4 chart shows a flat bullish zone signalling the previous sideways range the market has been, as such the outlook becomes for the H1 to beginning sloping upwards as the sell orders stop has been taken out.
H1: Buy Zone: 1646.95 - 1645.75 Hard Stop handle:1645
H4: Buy Zone: 1646.30 - 1639.83 Hard Stop Handle:1636
D1: Buy Zone: 1612.74 - 1588.82 Hard Stop Handle: 1581.13
Any H1 close below the H1 hard stop handle can be used to limit risk and get out of the H1 buy setup
Any H4 close below the H4 hard stop handle can be used to limit risk and get out of the H4 buy setup
Any D1 close below the D1 hard stop handle can be used to limit risk and get out of the D1 buy Setup.
Including these hard stops handle as a means to limit risks given the current market uncertainty and the whipsaw PA we have been seeing of late...
Intra day levels
Upside
1685.52
1670.27
1657.02
1655.48
1651.70
Downside
1646.43
1640.23
1634
1626.87
1625.44
1621.66
Green Pips
4&1 All Time Profit:
$37,496
4