ETH → short position
hello guys...
as you can see this coin made a QM pattern at the supply and demand zone!
there are two areas that we can enter to short position:
scenario 1: It is more possible because the previous move is so sharp!
scenario 2: It is based on QML!
if scenario 2 touched the target then don't get the second position!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see this coin made a QM pattern at the supply and demand zone!
there are two areas that we can enter to short position:
scenario 1: It is more possible because the previous move is so sharp!
scenario 2: It is based on QML!
if scenario 2 touched the target then don't get the second position!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
target1: 1583target2: 1572
target3: 1547
Trade closed: stop reached
the first scenario becomes invalidNote
it was funny!hunt the stoploss then touch the target!
That is why I hate stop-loss, we should close the position if our analysis becomes invalid!
Trade active
Scenario 2 is about to be activatedTrade closed: target reached
the first target of scenario 2 touched!Trade closed: target reached
target touched
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
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.
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
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.