Marketing is respecting a daily Gap that should push price lower. On the 1 hour it created a displacement to the lower side, would like to see that displacement respected and pushes prices lower.
Trade active
Stopped out , now seeing why price pushed higher, looking at it first from the monthly then saw a wick then drew out 50% of that wick and it aligns with a gap that's there on the daily. So price should get there would like to see the reaction of price once it gets there.
Trade closed: target reached
Also looking from the monthly perspective, price doesnt need to head lower in fact we could really head higher..
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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.