Hello Traders,
We can see here a strong impulsive downmove on the 1h chart. This move was likely made by institutions because the candles are very long and the move was quick.
Wait now for price action in the supply zone to confirm an entry. If the price shots through and does not confirm the supply zone then do not enter anymore.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦
We can see here a strong impulsive downmove on the 1h chart. This move was likely made by institutions because the candles are very long and the move was quick.
Wait now for price action in the supply zone to confirm an entry. If the price shots through and does not confirm the supply zone then do not enter anymore.
Please leave a like to support my work. 👍
Thanks for reading,
stibo 🥦
Trade active
Trade closed: target reached
tp hit + 213 pipsNote
Thank you guys for your support. Appreciate it.Note
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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.