The buy opportunity in this scenario is risky, because the demand was already tested and it seems uncertain. In the demand I marked 2 potential entries, but the highest one has been already tested. so in this retracing back I don't take it in consideration anymore, but I expect to buy in the dip on the lowest entry point, if it will be possible.
The Trading Plan consider a possible buy trade in the demand, riding a potential new swing, and one or more sell trades in the fresh supply level, expecting that the weaker demand could be taken out.
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.