By using pivot points:
monthly - red
weekly - yellow
daily - green
I've noticed that we are in a high extreme zone from where I expect price to go down.
But price has created double top, for me is a sign of liquidity area which is just near weekly R2 level.
So I'm looking for buys till that level.
Will enter with lower timeframe conformation.
Good luck:)
monthly - red
weekly - yellow
daily - green
I've noticed that we are in a high extreme zone from where I expect price to go down.
But price has created double top, for me is a sign of liquidity area which is just near weekly R2 level.
So I'm looking for buys till that level.
Will enter with lower timeframe conformation.
Good luck:)
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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.