Yesterday price not able to break mid channel and rebound higher to test the last supply zone.
Today,
1. Price backdown again inside the TR to confirm UT formation.
2. If sustain inside the TR, possible to go lower TR.
Any possible spring/SoW still in view
Today,
1. Price backdown again inside the TR to confirm UT formation.
2. If sustain inside the TR, possible to go lower TR.
Any possible spring/SoW still in view
Note
Re-entry chance as long as 5min bearish candle still sustainNote
Failed re-entry when candle break above bearish candleNote
Inverted HnS target profitNote
Bias long
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Related publications
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.