Hello traders,
Market looks to be consolidating on the monthly and weekly chart, though, a potential downtrend may occur if price respects the weekly supply zone.
Confirmation has been made where supply zone shows there are willing sellers, my setup is shorting the pullback.
Market looks to be consolidating on the monthly and weekly chart, though, a potential downtrend may occur if price respects the weekly supply zone.
Confirmation has been made where supply zone shows there are willing sellers, my setup is shorting the pullback.
Trade active
Sell order triggered. I'm in this tradeNote
Oh just to add, I just noticed a shoulder head shoulder formation from which I went short.Trade active
Target 1 reached. Closed half of my position and letting half of it run through jntuk the next monthly zone.
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.
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.