H4 NASDAQ SELL IDEA
Waiting for OB to be obeyed.
1. Take entries upon H4 Breakout of the OB on M1, M2 & M4 using Break Retest entries.
2. Take entries upon H4 Break Retest of the OB on M1, M2 & M4 using Break Retest entries.
3. You can take entries on Break Retest FIBO 50 or 75 levels once the current swing completes by retesting EMA; and starts a new swing on the trend direction as long as H4 is still trending.
Trading time:
6:42-8AM,
8:42-1018AM,
1042-1200 NOON,
1642-1818 PM,
1842-20PM,
2042-1018PM EAT.
Entry timeframe:
M1
M2
M4
Risk up to 1% per set up.
SL 30 pips or 30-60 pips for entries held past 20 PM EAT and haven't hit RR3. Move SL from 60 pips back to 30 at 9AM EAT.
Swing Targets 16556, 14563.
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