Potential buy on the QML level
QML, we have a left shoulder(low), a head(lower low) and a support line(which just got broken), and I think we might have a right shoulder which will create our potential buy zone a the QML(left shoulder level). Stop loss will be below the head(lower low). If we have a candle that closes below that we are out, and take profit we will be targeting out the supply zone or where the imbalance starts.
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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.