This is my idea for a sell position for risk, but you are probably wondering:
If it is rising so much, why sell and not buy?
Here the reason
The price is within a large 4h supply block and seems to have reacted by maintaining oversold levels in both 4h and 1h. If I break this high, I first expect a retracement to some area of interest
Remember to maintain good management
If it is rising so much, why sell and not buy?
Here the reason
The price is within a large 4h supply block and seems to have reacted by maintaining oversold levels in both 4h and 1h. If I break this high, I first expect a retracement to some area of interest
Remember to maintain good management
Note
It's overbought not oversold, mistake hahahNote
If someone entered the trade idea, put BE. RR !:!
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.