-Today we use a buy stop.
-Here is why;
-Slightly above the support created, we see a small bullish candle that acted as a liquidity candle.
-Price has to close above the opening price of the liquidity candle for it to be a good signal to go up.
-There are over 100 pips to the target take profit price.
-Well, once again we set price targets and wait for price to react.
-Enjoy.
-Here is why;
-Slightly above the support created, we see a small bullish candle that acted as a liquidity candle.
-Price has to close above the opening price of the liquidity candle for it to be a good signal to go up.
-There are over 100 pips to the target take profit price.
-Well, once again we set price targets and wait for price to react.
-Enjoy.
Note
-Zone broke and retested turning supply to demand and hence proceeded to reach the target zone.
-Take profit reached.
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.