Long term weekly trend is bearish, but price has closed above bearish structure.
Daily trend is bullish.
Price testing Supply Zone and PP at 0.72 area.
Riding price till it tests long term bearish structure.
Daily trend is bullish.
Price testing Supply Zone and PP at 0.72 area.
Riding price till it tests long term bearish structure.
Trade active
Trade closed: stop reached
testing at zone and hence SL. With the next Bearish Engulfing, I will enter again as it signals a strong resistance at the top.
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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.