Smart money distributed before starting downtrend.
They will exit their position by buying when price comes into buy zone.
Note - avoid before 9:30am and after 2:30pm due to high volatility
They will exit their position by buying when price comes into buy zone.
Note - avoid before 9:30am and after 2:30pm due to high volatility
Trade closed: target reached
Both targets reached. However, entering into trade at 9:15am was risky.
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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.