Hello traders!
As you can see, I've highlighted two valid Supply and Demand zones on the chart. Notice that the previous trendline liquidity has already been swept, and the market grabbed liquidity at the top before forming the supply zone.
This presents a good opportunity to enter a trade targeting the next valid demand zone below. Remember, always pay close attention to risk management—protect your balance first, then aim for profits. If you can manage risk effectively, you'll thrive in the market.
Wishing you all successful trades—happy trading!
As you can see, I've highlighted two valid Supply and Demand zones on the chart. Notice that the previous trendline liquidity has already been swept, and the market grabbed liquidity at the top before forming the supply zone.
This presents a good opportunity to enter a trade targeting the next valid demand zone below. Remember, always pay close attention to risk management—protect your balance first, then aim for profits. If you can manage risk effectively, you'll thrive in the market.
Wishing you all successful trades—happy trading!
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.
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.