SELL Signal: Activated at 108645.34, after price reacted from the supply zone and showed signs of weakness, suggesting a potential short-term reversal.
TP Zones:
TP1: 107293.03
TP2: 105940.72
Final TP: 104588.42
This setup offers a potential profit range of approximately +1,352 to +4,057 pips from entry.
Market Structure:
Following a previous bullish move, price tapped into the higher timeframe supply zone and now shows signs of exhaustion. This SELL signal suggests a possible correction or deeper move into the demand below, with a clean risk-to-reward structure. The SL is positioned above recent highs, giving this setup room to play out.
Remember to manage your trades carefully and ensure this setup fits your overall strategy. Stay sharp and trade responsibly!
TP Zones:
TP1: 107293.03
TP2: 105940.72
Final TP: 104588.42
This setup offers a potential profit range of approximately +1,352 to +4,057 pips from entry.
Market Structure:
Following a previous bullish move, price tapped into the higher timeframe supply zone and now shows signs of exhaustion. This SELL signal suggests a possible correction or deeper move into the demand below, with a clean risk-to-reward structure. The SL is positioned above recent highs, giving this setup room to play out.
Remember to manage your trades carefully and ensure this setup fits your overall strategy. Stay sharp and trade responsibly!
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.
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.