Well as you can see the trend was bearish so
I was looking for sells. In addition, the pin bar formed at a key level and I entered after it broke the support level.
1. Variation: Yellow ( Trend): The trend is bearish so look for sells
2. Wick Rejecting the Upside: Pin Bar in Blue. I needed this wick to put my SL and confirm the upside is being rejected
3. I entered after it broke with a lot of power.
Key Notes: Pay attention to demand and supply levels and specific set ups in those areas.
I was looking for sells. In addition, the pin bar formed at a key level and I entered after it broke the support level.
1. Variation: Yellow ( Trend): The trend is bearish so look for sells
2. Wick Rejecting the Upside: Pin Bar in Blue. I needed this wick to put my SL and confirm the upside is being rejected
3. I entered after it broke with a lot of power.
Key Notes: Pay attention to demand and supply levels and specific set ups in those areas.
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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.