It's a fine resistance to take an action by posing a small amount of risk. It is completely depending on price action analysis.
Trade active
Stop was tight. However, nothing has been changed. I strongly believe that we will reach target. So, I reopened position immediately after stop-hunt.Trade closed: target reached
I am the wick catcher, you know ;) :P
If you want to take these trades with me or if you like my analysis, you can open an account on #OKX with this link (okx.com/join/48549199) to get 30% commission discount.
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.
If you want to take these trades with me or if you like my analysis, you can open an account on #OKX with this link (okx.com/join/48549199) to get 30% commission discount.
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.