price have broken out of the Ssl after getting to the S1 then went ahead to retest the Ssl zone
rejecting at the WRTL BOS/POI with a bearish price action.
Since this is a swing trade at lower tf we may have an intraday retest of that zone (WRTL BOS/POI) or price swing low and the next obstacle for the bears will be the S1 zone then the WRTL RZ then S2 zone
all these zones should be marked as a reversal zone
look out for price action at these zones to determine if we swing low or go with the bulls
Have a pipful trade
rejecting at the WRTL BOS/POI with a bearish price action.
Since this is a swing trade at lower tf we may have an intraday retest of that zone (WRTL BOS/POI) or price swing low and the next obstacle for the bears will be the S1 zone then the WRTL RZ then S2 zone
all these zones should be marked as a reversal zone
look out for price action at these zones to determine if we swing low or go with the bulls
Have a pipful trade
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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.
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.