Institutional Analysis: Strong Manipulation on Strong Support
The price reached the institutional candle. Many sell banks positions will close resulting in a strong reversal.
The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has formed.
Trade is in the direction of the trend of larger timeframes, so it is considered safe although small timeframes are considered reversal.
The most demanding traders would expect the price to approach as close as possible to the low of the institutional candlestick, but even now the entry gives a good risk / reward and the stop loss keeps us safe from a break of the double bottom that has formed.
Trade is in the direction of the trend of larger timeframes, so it is considered safe although small timeframes are considered reversal.
Catatan
Now it's good time for break even guyz!We don't wanna price return for the liquidity below double bottom.
Happy profits ! ^^
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.