Supply Zone: I believe that the trade should be triggered in the supple zone I drew out (yellow rectangle)
Market Structure: There is a good market structure formation and I believe that the price will go up to the supply zone then continue the market structure towards the downside.
Fib tool: This is also aligning close to my price trigger and the t/p
Support level: if we go back in time we can see that my t/p is put on a support level (orange dotted line).
Market Structure: There is a good market structure formation and I believe that the price will go up to the supply zone then continue the market structure towards the downside.
Fib tool: This is also aligning close to my price trigger and the t/p
Support level: if we go back in time we can see that my t/p is put on a support level (orange dotted line).
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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.