looking for a break on the grey box that is currently keeping price down
should hit yellow zone and return to grey which is where i will be looking for a long setup
targets are marked on the chart clearly
blue box at the top is weekly OB resistance I do not see us clearing the area and closing above on the first attempt.
disclaimer: not currently in this trade but am looking to enter as described. will update if i do
should hit yellow zone and return to grey which is where i will be looking for a long setup
targets are marked on the chart clearly
blue box at the top is weekly OB resistance I do not see us clearing the area and closing above on the first attempt.
disclaimer: not currently in this trade but am looking to enter as described. will update if i do
Note
As you can see from price action we never secured the upmovement and fall back into our zone to initiate the long play.This is why you set yourself rules and plays. If you had of just entered.... you would have been stopped out with no profit taken.
end of current trade Idea
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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.