If the 4 hour candle closes below last HL, then expect price return to supply zone and then go down till demand zone. If not, expect continuation of the upward trend, when 4 hour candle breaks last HH.
Which scenario you expect?
Which scenario you expect?
Trade active
Scenario 2 is active. Wait for the price come to supply zone, then wait for confirmation to Sell on lower timeframe 15m.Note
Price reached supply zone. Wait for the confirmation on 15m timeframeNote
Got Confirmation.SELL Bitcoin.
Take Profit: 111,430
Stop Loss: 120,600
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.