Lets start - 1st Setup
#Eaglezone - My Favourite 😍
This is Confluence zone of TL & Support Resistance zone which coincides/intersect at one point. It gives very good RR as it is kind of retest trade.
The green circle marked in Pic 👇 <div class='jekyll-twitter-plugin'><p>There was a ‘Not Found’ error fetching URL: ‘https://twitter.com/S1_1NNY/status/1358023081839656961/photo/1’</p></div>
Preconditions For Taking Long ( Vice Versa for shorts ) :-
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Long Trend should be Up (Weekly)
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Need to draw TL with angel less than 60 degree ( Joining 3 points atleast )
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Zone should be drawn at Good support / Resistance turned support / Pivots / Consolidation zones
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Wait for Price to enter the zone.
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Rejection confirmation is required to long from the Eaglezone :- One can use lowertime ( 1h or 30 mins) frame to look for any of the given pattern in pic
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Enter long on confirmation (Trade above High of the pattern candle).
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PUT SL <div class='jekyll-twitter-plugin'><p>There was a ‘Not Found’ error fetching URL: ‘https://twitter.com/S1_1NNY/status/1358025450782552065/photo/1’</p></div>
SL - Stop Loss should be closing below the Eaglezone on Daily time frame BUT not more than 2-3%
@threader_app unroll <div class='jekyll-twitter-plugin'><blockquote class="twitter-tweet"><p lang="en" dir="ltr">SL - Stop Loss should be closing below the Eaglezone on Daily time frame BUT not more than 2-3%</p>— $ǕҊҊ¥ (@S1_1NNY) February 6, 2021</blockquote>
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