demand with liquidity set-up (long position)
Overall trend is bullish, just a pullback with a high chance of a push upwards. Bonus: RSI showing bullish divergence, extra confluence. Tapped into zone and closed green, that is the entry. TP at recent highs. Downside: strong bearish trendline, could result in overpowering push down, in that case will close at half SL with a chance of reentry.
trader9224
trader9224
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.