on yesterday candle price managed to break a strong level.
After a few days in the previous week the price failed to break this level and formed the wicks of the candle (see arrow)
at the moment the price is pulling back and retesting the SR level and this gives us a chance to buy.
SL will only be placed under the previous low daily candle.
the maximum target is to test the supply level above
After a few days in the previous week the price failed to break this level and formed the wicks of the candle (see arrow)
at the moment the price is pulling back and retesting the SR level and this gives us a chance to buy.
SL will only be placed under the previous low daily candle.
the maximum target is to test the supply level above
Note
After news. Move SL to BEP.Free risk trade
Trade closed: stop reached
close to BEPwill look for another buy
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.