Hello,
In today's trade analysis, I will review potential setups for this trading day. Since the overall trend is bearish, I favor short positions over long positions.
I have identified two important zones on the 4H timeframe that align well with the 1H timeframe.
4H supply zone: 5,643 - 5,630
4H demand zone: 5,577 - 5,558
We've seen both false breakouts and breakdowns in recent days, indicating choppy market conditions.
My plan is to either go short in the upper 4H supply zone or short a breakdown of the 4H demand zone. For the latter, I'll wait for the candle to close below the zone and set my entry on a retest.
In today's trade analysis, I will review potential setups for this trading day. Since the overall trend is bearish, I favor short positions over long positions.
I have identified two important zones on the 4H timeframe that align well with the 1H timeframe.
4H supply zone: 5,643 - 5,630
4H demand zone: 5,577 - 5,558
We've seen both false breakouts and breakdowns in recent days, indicating choppy market conditions.
My plan is to either go short in the upper 4H supply zone or short a breakdown of the 4H demand zone. For the latter, I'll wait for the candle to close below the zone and set my entry on a retest.
Emir iptal
We got the breakdown I was looking for. It retraced back to the demand zone, which is now resistance. However, my entry didn't get hit, so I decided to cancel the trade.
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.