I was expecting major sells at the end of last week (thursday and friday), but price broke all my valid supply levels and continued higher. In doing so, market is grabbing major liquidity from the upside. There is on last supply area for price to react to before the entire bias changes to buys/long. This supply area lies within market's previous distribution of price (Wyckoff). I will be watching price as it nears that area. Then I will go down on the lower time frames for a better entry. Updates will be made if needed. Good luck!
- It is likely market will give some buying/long opportunities when market opens. You can capitalize on that move until price reaches the supply area at which we are looking for sells
- It is likely market will give some buying/long opportunities when market opens. You can capitalize on that move until price reaches the supply area at which we are looking for sells
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.