High Volume and buy climax could indicate a trading opportunity with very good R/R ratio. Entry below last days low. First Target would be previous high. Second target could be as far away as return to the last day´s value area. should price move first above the last day´s high the trade is not valid.
Order cancelled
The trade is invalid, because the stop was hit before the target.Trade closed: stop reached
Above I did not look correctly. The trade is not invalid, but stoped out.
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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.