Intra-day trade idea:
Price finally broke the descending trend line and has formed a 1h demand zone, which shows a bullish intent. Overall the trend is still bearish, however, for an intraday trade we can definitely take advantage of the pullback. I will be looking for a long order in the 1h demand zone area.
Price finally broke the descending trend line and has formed a 1h demand zone, which shows a bullish intent. Overall the trend is still bearish, however, for an intraday trade we can definitely take advantage of the pullback. I will be looking for a long order in the 1h demand zone area.
Trade active
Trade closed: target reached
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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.