Good evening from Aus to everyone!
Today I am writing a part of my trading strategies which might help people more easy to find the entries wherever we find the trend.
As my previous article about the key levels. Sometimes we have both sub key and main key levels. So where should we enter the market? At the sub key levels or main key levels? Let’s take a look below
Look at that picture, the only time I enter the market at subkey levels is:
1. At first I draw a fibonanci retracement from main key levels up to the highest point ( On an Up trend)
2. Check if the fibo range 0.5-0.618 sitting right where the sub key level staying.
Once we can confirmed that, the sub key level is where we enter, SL below that.
TP at previous high
Otherwise, take a look this picture below
If the fibo range 0.5-0.618 does not match the sub key level, I will wait for the price to fulfill the FVG and touch the main key level, that is when I enter the market, SL below and TP is expected to be the previous high.
So combine these steps with the previous post about key levels as well as order block-FVG. I hope everyone can get to know the market more and to be more success in trading
If you like all the suff that I have been sharing, like and follow me for more in the future!
Thank you ❤️