Limit Order triggered perfectly. ( see my last Idea) Hoping to see some bearish momentum this morning to Profit target Patience is key. So, let price come to you. The set up occured since yesterday, price could have easily kept dropping without retracting, but that means nothing to us because.. We don't chase, We Fish!
4hr and 1hr are very bullish, however, there's a lot of imbalance left behind. Price reach a resistance area where I believe there could be some retracement down before continuing up. High Risk Trade but I have all my confluences to set a Limit Order. Let's see what price does Like & Comment for more ideas and Insight Drop a follow if you love trading !
Area of Interest looks strong. Setting a limit order there is riskier, so Risk management is #1 Waiting for confirmation is always recommended because it serves as an additional confirmation and it's less risky. I'm expecting price to respect that demand zone. This not trading advice Please Like & Comment for more ideas
US30 has been pulling back for while. It finally reach the daily Demand zone. I'm expecting price to rally. hopefully create new highs. Entering Now is a a good option, but I'm waiting for confirmation Like and Comment your Thought This is not trading advice, just my analysis