What you are seeing: Price action is showing signs of rejection at the current level. Why it matters: This indicates a cooling off period, setting up for a potential discount. What you expect next: I anticipate a pullback to a more attractive support zone for a potential entry.
Trade active
close 50% of your position and take your profitmove the SL to entry level
Trade closed: target reached
enjoy your profitthe trade is close
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.