After a range or sideways area breakout, retracements in price action are always the best places to enter into any buy or sell trades- they have the lowest risk/highest reward setups and best risk management.
The True resistance/supply is within the range of the cluster of price action. It begins at the origin of the supply/demand imbalance. - for bearish trades
(See chart example of bearish trade coming from supply area)
The True support/demand is within the range of the cluster of price action. It begins at the origin of the supply/demand imbalance. - for bullish trades
This trade had a possible 50 pip potential: How much of that could you have got with right stop loss and risk management of 1%,2% or? whats your plan!!
The True resistance/supply is within the range of the cluster of price action. It begins at the origin of the supply/demand imbalance. - for bearish trades
(See chart example of bearish trade coming from supply area)
The True support/demand is within the range of the cluster of price action. It begins at the origin of the supply/demand imbalance. - for bullish trades
This trade had a possible 50 pip potential: How much of that could you have got with right stop loss and risk management of 1%,2% or? whats your plan!!
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.
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.