Layers of B Zone D/H4/H1
Yellow (D)
Aqua (H4)
Purple (H1)
Possibilities :-
1. Breakout > Retest > Formation of Setup > Entry
2. Breakout > Failed retest B Zone > Formation of Setup > Entry
Purple Arrow indicates that candlestick break the B Zone and Fail to go back up.
Yellow (D)
Aqua (H4)
Purple (H1)
Possibilities :-
1. Breakout > Retest > Formation of Setup > Entry
2. Breakout > Failed retest B Zone > Formation of Setup > Entry
Purple Arrow indicates that candlestick break the B Zone and Fail to go back up.
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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.