Hi all
The rejection at the 3202 level, Plan A remains a strong possibility, especially if the trendline also shows signs of resistance. However, if the trendline breaks, then Plan B would be the preferred approach—waiting for a confirmed breakout on the 30-minute timeframe before considering a long position.
Keep a close watch on price action and ensure strong confirmation before making any moves. Feel free to share any updates or additional insights. Wishing you success in trading!
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
The rejection at the 3202 level, Plan A remains a strong possibility, especially if the trendline also shows signs of resistance. However, if the trendline breaks, then Plan B would be the preferred approach—waiting for a confirmed breakout on the 30-minute timeframe before considering a long position.
Keep a close watch on price action and ensure strong confirmation before making any moves. Feel free to share any updates or additional insights. Wishing you success in trading!
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
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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.
Related publications
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.