The chart shows whats happening here.
We had a little bull run last two weeks, smashed into a Supply zone and price collapsed.
We found some support in the Daily Demand zone.....but got Reject by previous market structure.
We have opened the day retracing towards market structure, but with little volume and no momentum, and have gotten rejected again.
We are going lower. The levels we have already tested below will not hold this time.
Enjoy the trade, be smart.
Get greedy, get rekt.
We had a little bull run last two weeks, smashed into a Supply zone and price collapsed.
We found some support in the Daily Demand zone.....but got Reject by previous market structure.
We have opened the day retracing towards market structure, but with little volume and no momentum, and have gotten rejected again.
We are going lower. The levels we have already tested below will not hold this time.
Enjoy the trade, be smart.
Get greedy, get rekt.
Note
Soooo.... I hope you guys took that trade....If you did, you nearly doubled your account. Well done. Follow for more.
Note
Congrats to everyone who held on!
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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.