this is a probability that the supply zone will be respected, since the demand zone has been invalidated and there is a lot of liquidity below
I recommend not to enter the transaction because it is aggressive, it is best to wait for the formation of another supply areas that represent a more likely confirmation
I recommend not to enter the transaction because it is aggressive, it is best to wait for the formation of another supply areas that represent a more likely confirmation
Note
it is likely that the price will respect the demand area, it will go up and then it will really decrease ( check 5 min chart )
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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.