Looks like broken structure.
Lack of buyers at this level tells me selling would be a good idea.
The next demand level is rather far so the possibility of letting profits run longer seem very real. I've put a hypothetical trade should it occur. Update with actual trade if taken.
Lack of buyers at this level tells me selling would be a good idea.
The next demand level is rather far so the possibility of letting profits run longer seem very real. I've put a hypothetical trade should it occur. Update with actual trade if taken.
Trade aktif
Now I'm worried because I didn't respect one of my rules going into this trade. Lack of a big drop candle could signal indecision at this price.Trading ditutup secara manual
Closed at a loss.Looking back on this trade. I jumped the gun too fast. The zone was definitely incorrect because the demand has already been filled which left a void. Classic trap..
Catatan
i.imgur.com/M5MhSsp.pngCatatan
Needless to say I could be wrong and price could do a complete 180 to fall below 1.3000 but seeing how price never really pushed down fast enough tells me it won't push down much more.Oh and have a happy labor day weekend!
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.