Price has created a new higher high on the daily and done a deep retracement (HL) into the area it's in right now. Looking for price to create another higher high and test of the last IC candle to the downside and target some of the equal highs and areas of imbalance If there is a strong immediate reaction from entry area, then will look into entering the trade.
On the other hand, with the strength that price is coming down with, it could easily break the last lower low. So will be looking out to see if price has strong rejection from entry area, if so, a retest of that up candle would be the ideal entry.
On the other hand, with the strength that price is coming down with, it could easily break the last lower low. So will be looking out to see if price has strong rejection from entry area, if so, a retest of that up candle would be the ideal entry.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.