Key factors for this scenario:
- Global & local trend alignment
- Price void / low liquidity zone beyond level
- Correlation with the market
- Volatility contraction on approach
- Immediate retest
- No reaction after a false break
- Closing near the level
- Closing near the bar's extreme
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Not financial advice. High risk. DYOR.
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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.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram: t.me/the_traders_house
Not financial advice. High risk. DYOR.
Related publications
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.