MES1! - 4h Bullish Analysis - Looking for buys
Found a buy setup, waited for the return to .786 to .82 set as my zone for entries as long as we see bullish engulfing candles on smaller time frame, We noticed a bullish engulfing on the 1 min, we took our entry with a 12 to 1 target, will move stop loss into profit at each swing low until I get stopped out.
Now... once we get back to the main manipulation candle zone which is close by we will be watching how the market reacts at this spot. Most likely it will continue higher, as it has overall been bullish. If it breaks out at that zone, we will look to put on size during the retracement of that breakout.
Now... once we get back to the main manipulation candle zone which is close by we will be watching how the market reacts at this spot. Most likely it will continue higher, as it has overall been bullish. If it breaks out at that zone, we will look to put on size during the retracement of that breakout.
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.