Engulfing / SR Strategy
Jiri Kasparek:
Use trading view to back test it.Please, help me with this strategy.
At H4 TimeFrame, it closes Engulfing in the trend, and at M15 it returns to SR, and then rebounds from it.
SL = 18 Pips
TP = 75 Pips
Is this a good idea? Is it realistic to trade like this?
It has high chances of working since you trading on the same direction with momentum
Thanks, I will give here observations from trading and open trades. I hope it will be successful
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Please, help me with this strategy.
At H4 TimeFrame, it closes Engulfing in the trend, and at M15 it returns to SR, and then rebounds from it.
SL = 18 Pips
TP = 75 Pips
Is this a good idea? Is it realistic to trade like this?