This pair came in a premium supply zone.
There is liquidity to be taken (small trendline + double bottom)
Biden wants to lower the gas price (fundamental)
we are trading with the trend.
Institutional trading at its best.
there is also a butterfly pattern on 1h TF.
There is a possibility that the stop loss will be triggered because it's a bit too obvious. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor
There is liquidity to be taken (small trendline + double bottom)
Biden wants to lower the gas price (fundamental)
we are trading with the trend.
Institutional trading at its best.
there is also a butterfly pattern on 1h TF.
There is a possibility that the stop loss will be triggered because it's a bit too obvious. I will look to re-enter at a nice zone if that happens so be prepared.
Trade at your own risk. I'm not a financial advisor
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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.