Supply zone
Price is forrming in a really nice struckture than can give huge persentage
The first thing is price dropped and again rallied back to the supply zone giving another opportunity for short position
On the other hand, previous low could be another bounce zone so it is good to use break even when price comes there.
For scaling in, it is better after price breaks yellow trendline and although moving averages
Targeting for the first low and the main ascneding trendline
The first thing is price dropped and again rallied back to the supply zone giving another opportunity for short position
On the other hand, previous low could be another bounce zone so it is good to use break even when price comes there.
For scaling in, it is better after price breaks yellow trendline and although moving averages
Targeting for the first low and the main ascneding trendline
Note
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.