Hello everybody!
Price is in a higher timeframe demand zone, which is very strong and a good place to buy.
We were waiting patiently for confirmation, and now we have two key signals:
1- After a break of structure in the market, a small demand zone has formed.
2- The break of the downward trendline is where we entered the buy position.
Price is in a higher timeframe demand zone, which is very strong and a good place to buy.
We were waiting patiently for confirmation, and now we have two key signals:
1- After a break of structure in the market, a small demand zone has formed.
2- The break of the downward trendline is where we entered the buy position.
Trade active
Trade closed: target reached
Trade closed with a 4.1R profit.
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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.