-Price just hit a key supply zone and printed a strong bearish candle on the 30M. Probably a sign of unwillingness to continue the uptrend now.
-Placing a stop loss above the zone; Looking to ride the pair down once more.
-Let's see how this one goes.
-Placing a stop loss above the zone; Looking to ride the pair down once more.
-Let's see how this one goes.
Note
-Potential lower highs being formed. The zone could be quite strong.
Note
A liquidity candle was spotted. Time to hold the sell
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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.