I saw price drop back into a strong demand zone that previously caused a sharp bullish move. That area clearly had strong buyers before, so I was interested to see how price would react when it returned.
When price came into the zone, it showed rejection with a long lower wick and started slowing down. That told me sellers were losing strength and buyers were stepping in again. After that, price broke a small internal structure to the upside, which gave me confirmation to enter long.
I placed my stop loss below the demand zone low, giving the trade room to breathe in case of a small liquidity sweep.
My first target (TP1) was set at the nearest resistance/supply area to secure partial profits. The second target (TP2) was set at the higher supply zone where price previously reacted strongly.
Overall, this was a clean price action setup:
Strong move → return to demand → rejection → structure break → continuation toward supply.
I followed my plan and waited for confirmation instead of entering blindly.
When price came into the zone, it showed rejection with a long lower wick and started slowing down. That told me sellers were losing strength and buyers were stepping in again. After that, price broke a small internal structure to the upside, which gave me confirmation to enter long.
I placed my stop loss below the demand zone low, giving the trade room to breathe in case of a small liquidity sweep.
My first target (TP1) was set at the nearest resistance/supply area to secure partial profits. The second target (TP2) was set at the higher supply zone where price previously reacted strongly.
Overall, this was a clean price action setup:
Strong move → return to demand → rejection → structure break → continuation toward supply.
I followed my plan and waited for confirmation instead of entering blindly.
Catatan
2.33 RR Secured, Holding for Full Continuation 🎯Price returned to a strong demand zone that previously created an impulsive bullish move. I waited for confirmation — rejection from the zone and a small break of internal structure to the upside — before entering long.
Stop loss was placed below the demand low, allowing room for a possible liquidity sweep.
Price reacted well and pushed into the first resistance area where I secured 2.33 RR (partial profits).
Now I’m holding the remaining position for full continuation toward the higher supply zone (TP2).
Trade aktif
GOLD STILL BEARISHWait for a clear bullish candle close above the red circle or a liquidity sweep above it (a wick to take out sellers) to confirm the potential for a new HH
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.