What I see in that rectangle area I have marked is that bears are exhausted and bulls are coming in soon. I have marked the potential entry point and when I see a nice bullish rotation candle around that area, I will put a buy order with SL at swing low with TP1 and TP2 for a 1:1-2 RR.
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.
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.