Just above our Resistance level which has been tested multiple times already there you can see a supply area untested. we could wait for the price to get there and act in the following ways: 1. aggressively take a short trade upon price reaching our level 2. cautiously wait for reversal signal maybe a change of character in lower time frame upon reaching our entry
Trade closed: target reached
price reached our intended zone and good RRR was taken
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.