- Trade is heavily reliant on the liquidity pools that exist surrounding the structures.
- The last month's price action indicates the failure to break the monthly current LOWS, indicating exhaustion of the selling interest and a failing in volume.
- The presence of FVG and Orderblock also signifies a price imbalance that may be corrected soon.
- Our trade is aiming to capture the price correction and place our buy limit order within the present order block.
- The trade is a SWING in Nature, and the holding period may take days to weeks.
- Divergence between the volume and the price indicates exhaustion in Buying Interest.
- The last month's price action indicates the failure to break the monthly current LOWS, indicating exhaustion of the selling interest and a failing in volume.
- The presence of FVG and Orderblock also signifies a price imbalance that may be corrected soon.
- Our trade is aiming to capture the price correction and place our buy limit order within the present order block.
- The trade is a SWING in Nature, and the holding period may take days to weeks.
- Divergence between the volume and the price indicates exhaustion in Buying Interest.
Trade closed manually
- trade was closed- buying sentiment, short-termed, persisted
- no gain and losses registered for this trade
Note
- Biased remained bullish, - However, correction must occur beforehand.
- I have decided to enter intraday-Swing trade position -Sell limit
- my entry is further explained in Re-entry #0014 NZDJPY
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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.