Swing trading inducement (Are you patient enough?)
The monthly timeframe just induced a key supply/resistance zone
The recent 1Month swing low is now the target
The daily shows a clear impulse to the downside the. I want to see the high get taken out before I consider opening a sell order.
If this point is taken out, not only early support and resistance/supply and demand traders are taken out but new buyers are interested
Sell entry will based upon what looks like a reaction/sign on the intraday timeframes for buyers to enter.
The recent 1Month swing low is now the target
The daily shows a clear impulse to the downside the. I want to see the high get taken out before I consider opening a sell order.
If this point is taken out, not only early support and resistance/supply and demand traders are taken out but new buyers are interested
Sell entry will based upon what looks like a reaction/sign on the intraday timeframes for buyers to enter.
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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.