Price has returned to the recent demand zone after a BOS and is now showing signs of rejection following a pullback (retracement). The mitigation of the DEMAND zone suggests that institutions may have filled their buy orders and are now ready to push price higher.
📉 Execution Plan:
• Entry: On the demand zone
• SL: Just below the demand zone (allow breathing room).
• TP: Next supply zone or based on structure (e.g., swing high, imbalance fill).
📉 Execution Plan:
• Entry: On the demand zone
• SL: Just below the demand zone (allow breathing room).
• TP: Next supply zone or based on structure (e.g., swing high, imbalance fill).
Trade closed: target reached
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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.