Why Sell?
1. Stop Hunt
2. Break of Structure (caused by the SH)
3. Bearish momentum
Action Plan:
I will wait until the price reaches the SZ zone and look for a candle reversal pattern on a smaller TF.
A break above the SZ level will invalidate this setup.
1. Stop Hunt
2. Break of Structure (caused by the SH)
3. Bearish momentum
Action Plan:
I will wait until the price reaches the SZ zone and look for a candle reversal pattern on a smaller TF.
A break above the SZ level will invalidate this setup.
Order cancelled
Price failed to return to my point of interest before taking off as planned. On to another one.
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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.