Potential Reversal Zone (PRZ){Red Box} came in important for this trade setup, as the last candle shows a strong candle at this moment.
I will observe if the next candle creates a new high and close above the high of this current candle, if so, trade invalid.
When the next 1-2 candle breaks below and close below the PRZ(red box), I will engage for the short opportunity.
I will observe if the next candle creates a new high and close above the high of this current candle, if so, trade invalid.
When the next 1-2 candle breaks below and close below the PRZ(red box), I will engage for the short opportunity.
Trade active
Trade Engaged at 0.6738
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Related publications
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.