Looking to enter at the end of the correction. Here's why it's a potentially good buying opportunity:
- the buyers are still there,
- price is going down to the potential demand zone, where more buyers are expected to show up,
- likely support at the 100% size of the prior swing down (red line).
- the buyers are still there,
- price is going down to the potential demand zone, where more buyers are expected to show up,
- likely support at the 100% size of the prior swing down (red line).
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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.
Related publications
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.