- price started from w1 support
broke 2 restistances,
- now pulling back ( coz d1 break down)
for weekly direction, d1 break down require as valid pull back
- 50% level of retracement, which is rbs level also in w1
- need daily eg (blue candle closing above the close of previous candle) for an entry sl below structure. tp 5700 1st tp then trail sl.
- you can see trap sellers as well.
- hold till you see w1 break down on the flow
- relative strength has also change to green
broke 2 restistances,
- now pulling back ( coz d1 break down)
for weekly direction, d1 break down require as valid pull back
- 50% level of retracement, which is rbs level also in w1
- need daily eg (blue candle closing above the close of previous candle) for an entry sl below structure. tp 5700 1st tp then trail sl.
- you can see trap sellers as well.
- hold till you see w1 break down on the flow
- relative strength has also change to green
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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.