So BA gapped past demand level which flips it to a supply zone. Currently seeing it trying to retrace and hold current demand level. I think it will bounce around still but still head lower to price target of 125. I will watch for potential good short entry today.
Note: my primary area to enter a position is to build a long position down in the demand zone below. I think that is a higher quality trade than trying to nickel and dime it on the way there. So, if I don’t like price action today but it does just get right on down to 125, I will not be upset that I “missed” a trade.
There are plenty of opportunities. Don’t over trade!
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.