CAR - Setting up strong for a test of HTF supply zone
CAR dug deep to the $80 demand range to subsequently make the push toward strong HTF resistance at the $120 range.
Right now looking for LTF demand zones to add to my long position to catch this push up.
Current entries are looking at $105.50 & $102 for a strong reaction
Happy Trading :)
Right now looking for LTF demand zones to add to my long position to catch this push up.
Current entries are looking at $105.50 & $102 for a strong reaction
Happy Trading :)
Trade active
As I discussed in this video, we are seeing a pullback into known demand to gather further buyers for the push up to HTF supply at $120-$140.
Yesterday we dipped into the $100 zone and are potentially going to see a further grab at the $97 level if recent LTF demand turns resistance.
The deeper we go, the stronger of a reaction I'd like to see with improved volume
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.