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.
Dagangan 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.Dagangan 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..
Nota
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!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
