This was one of Anas’s standout trades, with precise analysis and a clean 1:2 risk to reward target achieved using the AZTrades strategy. This trade also shows how bias is changed according to the market condition even during the trade. Let’s break it down to give you deeper insights.
PRE MARKET ANALYSIS
GER40 is currently on our watchlist, showing bearish momentum on the 1H timeframe. Using the Fibonacci retracement tool, we’ve identified that price is positioned within a premium zone of the market.
We will wait for a break of structure (BOS) to the downside on the 5-minute timeframe before considering any trade entries in alignment with the higher time frame trend.
UPDATE ON THE BIAS
🚨UPDATE:
During the pre-London session, GER40 showed a bearish structure. Although we observed a break of structure (BOS) on the 5-minute timeframe, the stop-loss level was too wide, reducing the trade’s risk-to-reward potential. As a result, we chose not to enter.
Price action later shifted, breaking out to the upside in 1h timeframe and turning GER40 bullish. We are now waiting for a valid long setup that aligns with the current market direction.
Entry: 24120.0
Take Profits:
🔹 TP1 – 24141.9
🔹 TP2 – 24163.2
🔹 TP3 – 24183.5
Stop Loss: 24088.1
Or
🔹 1:2 RR – 8830.5
POST MARKET ANALYSIS
📆 Fundamental Analysis
As per the economic calendar, there were no high-impact news events affecting any of the assets we trade. This allowed for uninterrupted technical analysis, providing clear opportunities for execution across our instruments.
📊 Technical Analysis
The GER40 was identified as the most favorable setup for the session, initially presenting a bearish market structure on the 1-hour timeframe.
Market Overview:
• During the pre-London session, the price action on the 5-minute chart began trending upward, moving toward the discount zone.
• Despite the 1-hour structure still indicating bearishness at that stage, a potential short setup formed. However, the stop-loss (SL) requirement was too wide, leading to a decision to skip the trade.
• Shortly thereafter, the market broke structure to the upside on the 1-hour timeframe, signaling a shift from bearish to bullish bias.
🔹 Long Setup at 13:45
• Confirmation: Break of structure (BOS) to the upside on the 5-minute chart.
• Stop-Loss: Calculated using the price range tool, placed at 24,088.1.
• Trade Execution: Long position entered after BOS confirmation.
• Take-Profits: All three TP targets were successfully reached.
STRATEGY IN ACTION
AZTrades Strategy is in action with two different risk management styles and it is entirely up to you which one you prefer to go for:
1ST: 3 TPs
2ND: 1:2 RR
RESULTS
🔹GER40 BUY / TP3 / 636 Pips ✅💰
Or
🔹UK100 1:2 RR
WANT TO LEARN HOW TO TRADE?
Give yourself a chance to get financial freedom in the future with AZTrades
