Buying Zone:
- Clearly marked area where price previously found strong support.
- Acts as a demand zone — buyers tend to step in aggressively when price revisits this region.
Target Zone (Green Area):
- Possibly a previously tested resistance or projection based on Fibonacci or volume profile.
- Suggests price could rally towards this zone once it breaks above the buying area.
Price hasn’t broken below the buying zone, implying strength or accumulation.
With clear bottom zone (stop-loss) and projected green zone (target), trade becomes mathematically favorable.
If the candles near the buying zone are bullish (e.g., hammer, engulfing), they confirm buyer interest.
- Clearly marked area where price previously found strong support.
- Acts as a demand zone — buyers tend to step in aggressively when price revisits this region.
Target Zone (Green Area):
- Possibly a previously tested resistance or projection based on Fibonacci or volume profile.
- Suggests price could rally towards this zone once it breaks above the buying area.
Price hasn’t broken below the buying zone, implying strength or accumulation.
With clear bottom zone (stop-loss) and projected green zone (target), trade becomes mathematically favorable.
If the candles near the buying zone are bullish (e.g., hammer, engulfing), they confirm buyer interest.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.