Intra-day trade idea:
Price is currently reacting to the 15min demand zone, I will looking for long orders as price is starting to show some bullish momentum and it also broke the descending trend-line which shows that demand is starting to take control of the market. Keep in mind that this is an intra-day trade idea, the higher timeframe trend is still bearish but we can always take advantage of the pullbacks.
Price is currently reacting to the 15min demand zone, I will looking for long orders as price is starting to show some bullish momentum and it also broke the descending trend-line which shows that demand is starting to take control of the market. Keep in mind that this is an intra-day trade idea, the higher timeframe trend is still bearish but we can always take advantage of the pullbacks.
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.