- Context: Price is ranging in a sideways movement between Intraday Supply and Demand levels.
- Signal: Price tested the Intraday Supply zone (upper yellow dashed line) and showed signs of selling pressure.
- Action: Sell setup based on the sideways range, targeting the lower boundary.
- Strategy (1:1):
- Risk: Place SL above the Supply zone high.
- Reward: Set TP target at 1:1 Risk/Reward ratio (1R).
- Insight: Trading within the range for a 1R target offers a higher probability of quick profit without waiting for a breakout.
Note: Content is for educational purposes only and not financial advice. Trading involves risk; please trade responsibly.
- Signal: Price tested the Intraday Supply zone (upper yellow dashed line) and showed signs of selling pressure.
- Action: Sell setup based on the sideways range, targeting the lower boundary.
- Strategy (1:1):
- Risk: Place SL above the Supply zone high.
- Reward: Set TP target at 1:1 Risk/Reward ratio (1R).
- Insight: Trading within the range for a 1R target offers a higher probability of quick profit without waiting for a breakout.
Note: Content is for educational purposes only and not financial advice. Trading involves risk; please trade responsibly.
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.