A trader walks through a break and retest trade on a 19395 level. He waits for a bull-flag retest, spots a money candle flip from red to green, enters long, and takes partial profits at the equal high with a 1:1 risk-reward setup.
Chapters
We have a beautiful break and retest long entry you can see right here. Right. We were Talking about that 19395 level which tried to reject again ended up not going lower. And what happened here? We saw a breakout above. We didn't chase the breakout at the high. We're looking for the bull flag to form. Where's the bull flag? Right here. We flagged back down into the retest level. You can see right here. And look at this candle right there. That's the money candle. We need to understand what's going on at our key level. We move over, we move over. That's again the. Oh shit. We're coming back into our retest. What's happening at our level? Look at the candle right here. See we talked about, you know, if we're watching live action. This candle at one point was red, red down into this low. Wicked higher. Turn green. Taking our long right here. Our risk is back under this low you're targeting, I would say at least to that equal high. About a one to one there. But that again is where we take some risk off if it works for us. And now look at the runners and look at this candle that's coming in as we speak. Right. This is a huge trade.