Price is dropping in the demand zone
The pair had already reached to demand zone as I mentioned in my previous post
Price has broken the down trend on the 1H frame but it is retracing down again with highly liquid candles
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Why would I get into the this trade?
For now I will not buy as the price is downward bias even though the trend is broken
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What is coming up?
I will wait for the price to move down even lower and once it creates a reversed head and shoulder or double bottom pattern (Inside the demand zone) I will buy accordingly with proper money management
Price has broken the down trend on the 1H frame but it is retracing down again with highly liquid candles
___________________________________________________
Why would I get into the this trade?
For now I will not buy as the price is downward bias even though the trend is broken
_______________________________________
What is coming up?
I will wait for the price to move down even lower and once it creates a reversed head and shoulder or double bottom pattern (Inside the demand zone) I will buy accordingly with proper money management
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.