daily/4 hr/ 1 hr supply zone 275.6-281
daily/4 hr/ 1 hr supply zone 275.6-281
pro:
1.2 exciting red candles in hrly candles
2. zone is clear in hrly chart
3. origin of drop
cons:
1. price dropped once just near the zone with a good drop so this time it may not work. so confirmation entry
2. zoom is a very volatile, it moves with momentum, so ,if it breaks , it will move very high. so strict SL
pro:
1.2 exciting red candles in hrly candles
2. zone is clear in hrly chart
3. origin of drop
cons:
1. price dropped once just near the zone with a good drop so this time it may not work. so confirmation entry
2. zoom is a very volatile, it moves with momentum, so ,if it breaks , it will move very high. so strict SL
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.