Price is in a channel and can break out up or down. I see it moving down as momentum was pushing price down and a few dojis' have printed.
The Entry here will be to enter after the break and on the retest after a confirmation candle has printed.
SL can be placed just below the previous low or previous high depending which way price moves.
The Entry here will be to enter after the break and on the retest after a confirmation candle has printed.
SL can be placed just below the previous low or previous high depending which way price moves.
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.
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.