TOP-DOWN ANALYSIS
MONTHLY: we are currently inside of a monthly demand and expecting a bounce from this zone
DAILY: the price is far away of a daily supply now, and it may want to test it
H4: it has just created a new H4 demand zone. Test of the zone should be a good buying opportunity
TP1: just before the H4 candle wick
TP2: trail the stop till just before the daily supply zone above
twitter.com/TradewithCan?lang
tradewithcan.blogspot.com.tr/2016/05/weekly-bulletin-21-wekk.html
MONTHLY: we are currently inside of a monthly demand and expecting a bounce from this zone
DAILY: the price is far away of a daily supply now, and it may want to test it
H4: it has just created a new H4 demand zone. Test of the zone should be a good buying opportunity
TP1: just before the H4 candle wick
TP2: trail the stop till just before the daily supply zone above
twitter.com/TradewithCan?lang
tradewithcan.blogspot.com.tr/2016/05/weekly-bulletin-21-wekk.html
Note
Half of the total position closed when TP1 hit with a profit and the other half got stoped outit was a breakeven trade overall.
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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.