In the last idea, we said that the price could come to the marked liquidity zone.
It did, and we opened a scalp trade on a test of that zone. On the screenshot you can see the buy and sell point.
The trading system rebound from the accumulation zones has a high win rate. You can use this strategy in your trading.
What to do now?
If we analyze from the technical analysis side, there are two key levels of $45,492 and $41,925 on the chart.
The level of $45,492 acts as resistance and as a local high, it is very important that the price closes above the level to continue the upward movement. In case the price squeeze and closes above it, there could be a good buying opportunity.
If the price closes above, the next mark would be a liquidity gap. We wrote about this in more detail in this idea.
A bad scenario, in the event the price returns to the $41,925 level and the daily candle closes below that level. Why this is important we wrote in this idea.
💚 Please like and subscribe to us to get more ideas like this.
It did, and we opened a scalp trade on a test of that zone. On the screenshot you can see the buy and sell point.
The trading system rebound from the accumulation zones has a high win rate. You can use this strategy in your trading.
What to do now?
If we analyze from the technical analysis side, there are two key levels of $45,492 and $41,925 on the chart.
The level of $45,492 acts as resistance and as a local high, it is very important that the price closes above the level to continue the upward movement. In case the price squeeze and closes above it, there could be a good buying opportunity.
If the price closes above, the next mark would be a liquidity gap. We wrote about this in more detail in this idea.
A bad scenario, in the event the price returns to the $41,925 level and the daily candle closes below that level. Why this is important we wrote in this idea.
💚 Please like and subscribe to us to get more ideas like this.
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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.