This are my levels on how i will be taking this trade.
-Enjoy brother.
-Enjoy brother.
Note
3H chart.
Note
-Stop loss hit. This could have been a nice squeeze play trade. Will catch it next time well
Note
As you can see, price dropped sharply and took out my stop loss.-This is what is called a squeeze play. When price repeatedly tests a horizontal zone with each strike coming from a low high or higher low.
-What you realize is, the zone will eventually break.
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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.
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.