Entry1:
Demand zone: 0.119 considering where the price stopped before.
The entry would be right beneath recent lows. Here, we probably have a lot of SLs, but it's also possible to have breakout shorts. A direct entry without some confirmations on LTF is riskier.
SL: right below the last doji.
TP: on a further away Supply zone that coincides with fib 0.5, or the middle of the range if we consider price action on HTF to be a range.
Entry2:
Demand on the wick of the last doji, also a support zone.
SL: beneath the support
TP: We can have this trade as an HTF play, still in the range. We're betting on a reversal on the H1TF.
Demand zone: 0.119 considering where the price stopped before.
The entry would be right beneath recent lows. Here, we probably have a lot of SLs, but it's also possible to have breakout shorts. A direct entry without some confirmations on LTF is riskier.
SL: right below the last doji.
TP: on a further away Supply zone that coincides with fib 0.5, or the middle of the range if we consider price action on HTF to be a range.
Entry2:
Demand on the wick of the last doji, also a support zone.
SL: beneath the support
TP: We can have this trade as an HTF play, still in the range. We're betting on a reversal on the H1TF.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.