Last week, we observed significant supply, which has nearly been exhausted as we move into this week. Now, the focus shifts to demand—provided there’s no hidden supply left. You can also see the breakout happening, and I took an early entry, which I plan to hold throughout this week.
If the price breaks through key levels, wait for a pullback before entering. However, the best time to enter the market is now. I hope this makes sense to everyone.
Remember, risk management is everything. Always use a stop loss and avoid being greedy. Market structures tend to repeat themselves over time.
Wishing you all the best and happy trading! Thank you.
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.
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.