If we look at the daily and weekly, the area between 146,50 and 147 acted as a resistance area whenever the pair fell to those levels.
It seems like we are breaking the Structure to the upside on short term to test the 146,50 - 147 levels (Supply zones), but only on short term.
We broke the 144,70 levels to the Downside for 2 weeks now, that's a pretty strong bearish signal. However, there is still liquidity to be taken from the Upside (FVG 146 - 146,50)
So my Trading positions will be the following:
- Short Term: Wait for a break of 145,30 to the Upside, BUY, TP at 146,50 levels
- Medium and long term: SELL, TP below 142 levels
It seems like we are breaking the Structure to the upside on short term to test the 146,50 - 147 levels (Supply zones), but only on short term.
We broke the 144,70 levels to the Downside for 2 weeks now, that's a pretty strong bearish signal. However, there is still liquidity to be taken from the Upside (FVG 146 - 146,50)
So my Trading positions will be the following:
- Short Term: Wait for a break of 145,30 to the Upside, BUY, TP at 146,50 levels
- Medium and long term: SELL, TP below 142 levels
Not
If we see a loss of Momentum to the Upside *if 145,30 doesn't break* then SELL, Take Profit 142 or bellow.Not
Worked out well >D
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.