Buy #1 was a success. Next up Buy #2.....
W
Currently trading within the Weekly Zone, which had a good bit of buying reaction off already. The assumption is that more smart money will want to buy at these low price levels...
D
Price is trading sideways, Therefore we will buy below this trading range in Buy Zone 2
240
Buy Zone 2 /Demand zone was the origin of the strong move away (buy 1 formed out of this original movement)
TP
Revised targets 3:1 R:R. Trailing stop permitted if quality zone(s) form out of a move away from the subject demand zone.
W
Currently trading within the Weekly Zone, which had a good bit of buying reaction off already. The assumption is that more smart money will want to buy at these low price levels...
D
Price is trading sideways, Therefore we will buy below this trading range in Buy Zone 2
240
Buy Zone 2 /Demand zone was the origin of the strong move away (buy 1 formed out of this original movement)
TP
Revised targets 3:1 R:R. Trailing stop permitted if quality zone(s) form out of a move away from the subject demand zone.
Order cancelled
Entry missed. Trade cancelled
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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.
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.