Foodmango
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Joined Jan 24, 2024
supplyanddemand
trendline
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price tapped into strong demand zone and closed green, which is the entry sign. liquidity was swept right before tapping the demand zone. Profit target 1 will be at 1:3 and TP 2 will sit around 1:5, at the highs. Price is perfectly in line with trend. since there is chance the price will travel futher down to correct the move, i will take a half risk position. SL...
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Overall trend is bullish, just a pullback with a high chance of a push upwards. Bonus: RSI showing bullish divergence, extra confluence. Tapped into zone and closed green, that is the entry. TP at recent highs. Downside: strong bearish trendline, could result in overpowering push down, in that case will close at half SL with a chance of reentry. @trader9224
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