I made a purchase on this on Thursday after the market has closed, entry reason was engulfing candle straight at the previous level of resistance which it's now support
HERE IS WHAT I THINK
Both Thursday and Friday candles showed a very strong rejection to the downside and that gives me confident that my trade will turn out perfectly fine
When to consider buying
-----------------------------------
** 4H timeframe showed a very strong resistance, which makes obvious to wait for a break out before making a long trade :D
HERE IS WHAT I THINK
Both Thursday and Friday candles showed a very strong rejection to the downside and that gives me confident that my trade will turn out perfectly fine
When to consider buying
-----------------------------------
** 4H timeframe showed a very strong resistance, which makes obvious to wait for a break out before making a long trade :D
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.