We seem to be forming a classic wyckoff pattern. Textbook accumulation with large volume breakout.
https://pbs.twimg.com/media/DS8D3zRV4AAUlRe.jpg
I'm looking to buy the stop run back into accumulation zone (very common). Very strong orderblock here as well.
Upside risk/reward is amazing at 6:1. I will be closing my trade a bit below where I think price will end up.. not getting greedy.
Confluence for target = higher timeframe orderblock, daily pivot, and log downtrend line.
Some pretty strong bearish divergence on the hourly (remember RSI doesn't factor in wicks)
I'll probably enter a third of my ideal position in the blue box in case we don't make it down so far.
https://pbs.twimg.com/media/DS8D3zRV4AAUlRe.jpg
I'm looking to buy the stop run back into accumulation zone (very common). Very strong orderblock here as well.
Upside risk/reward is amazing at 6:1. I will be closing my trade a bit below where I think price will end up.. not getting greedy.
Confluence for target = higher timeframe orderblock, daily pivot, and log downtrend line.
Some pretty strong bearish divergence on the hourly (remember RSI doesn't factor in wicks)
I'll probably enter a third of my ideal position in the blue box in case we don't make it down so far.
Not
The gap is calling: 
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.