The bullish structure on weekly timeframe looks pretty good if you ask me. In the coming day's, i think we're going to see more bullish momentum at the charts.
Back to the daily:
It looks like price might be heading north soon. The daily demand is about to be fullfilled.
In my opinion this is a safe zone for long entry's. And also a great opertunity for higher Risk/Reward ratios.
The stoploss should be safe just below the demand box. I'm targetting the liquidity around $77.
Back to the daily:
It looks like price might be heading north soon. The daily demand is about to be fullfilled.
In my opinion this is a safe zone for long entry's. And also a great opertunity for higher Risk/Reward ratios.
The stoploss should be safe just below the demand box. I'm targetting the liquidity around $77.
Note
Meanwhile, my long trade is running in profits. Looks like we're not the only who filled our orders :)Note
No update needed. It looks like price is heading north.
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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.