price reached HTF supply zone,
even it broke above previous H (upper wick on Dec 1st) and created HH
but price formed an evening star then dropped
once price backtest supply zone and "appear bearish signal" within new formed supply zone, can consider do short
HTF is still bearish, e.g., day chart
but price has moved upside and continues make HL-HH-HL-HH since Nov 22ndb (H4)
Therefore, place order only if "bearish signal" appears
entry, SL, TP are given on chart
All are just personal opinion, not investment advice.
even it broke above previous H (upper wick on Dec 1st) and created HH
but price formed an evening star then dropped
once price backtest supply zone and "appear bearish signal" within new formed supply zone, can consider do short
HTF is still bearish, e.g., day chart
but price has moved upside and continues make HL-HH-HL-HH since Nov 22ndb (H4)
Therefore, place order only if "bearish signal" appears
entry, SL, TP are given on chart
All are just personal opinion, not investment advice.
Trade closed: target reached
If did placed the order,had reached TP
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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.