HTF - Bearish
LTF is accumulating liquidity
if price backtests OB- ( the lower supply zone )
(As long as it does not break through the 12/20 upper wick, the supply zone is still valid, and if it breaks through, it may backtest the upper supply zone)
If there is a short selling signal appearing within OB- (lower one), can consider placing order.
Entry ragne, SL, TP are given on the chart, adjust to fit yourself, above is just a reference
All are personal opinion, not investment advice.
LTF is accumulating liquidity
if price backtests OB- ( the lower supply zone )
(As long as it does not break through the 12/20 upper wick, the supply zone is still valid, and if it breaks through, it may backtest the upper supply zone)
If there is a short selling signal appearing within OB- (lower one), can consider placing order.
Entry ragne, SL, TP are given on the chart, adjust to fit yourself, above is just a reference
All are personal opinion, not investment advice.
Trade active
18:30 (UT +8 ) M5 evening star confirmedNote
bearish momentum is weaker than I expectedAdjust SL below entry price to protect profit
if price reachs 75.4 (RR 1:1.6) can take some TP
Note
75.4 reachedTrade closed: target reached
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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.