ONE
Price speedy into weekly monthly supply zones will price resist current momentum? let price tell us..
looking for short position around these areas.
expecting this current strong CT pullback into main downtrend direction to resume again over coming weeks.
Sure l'm bullish over longer term but price structure needs to play out before rising to 50 + cents.
looking at lower time frame charts /daily trading practices with weekly directions in mind, stop loss above mn and weekly supply zone.
good r/r for short side basically touch trade short entry from a liquidity spike.
looking for short position around these areas.
expecting this current strong CT pullback into main downtrend direction to resume again over coming weeks.
Sure l'm bullish over longer term but price structure needs to play out before rising to 50 + cents.
looking at lower time frame charts /daily trading practices with weekly directions in mind, stop loss above mn and weekly supply zone.
good r/r for short side basically touch trade short entry from a liquidity spike.
Note
Will monitor closer next week, currently around break even. Some caution ahead for next week price behavior to the buy side will it hold? or can sellers take control? My pre mature entry failing to build off lacking momentum. , honestly I don't care about being wrong l just don't like giving money back to the market. Will focus on price structure early next week for better analysis and more clues between price dynamics.Currently Buyers holding on so potential .245 + highs might be next week?, if so, l'll cut mid next week if unfavorable PA and bull rally continues into supply zone as price simply is'nt ready yet..
can seller get a sniff?!
wait a see..
Perma
Trade active
Testing current highs with an entry ( Do your own research) & never trade other peoples ideas please - thats a losers mindset!Note
Took some off the table on close of session today nice momo underway.
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