W Price has been ranging between two weekly zones. Price has returned higher into the price points with higher probability of sell success
D Price has been ranging quite a bit. Looking for some supply or demand above the ranging price action
240 At the top of the daily zone is an area of nested supply
TP 3:1
Trade closed: stop reached
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Comments
livingdaylight
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I don't look at that many instruments as I've not been able to keep track. AudNzd is certainly one I least pay attention to, but your chart inspired me to take a look; particularly, to see why P flew through that zone.
Price can do whatever it likes anyway - there are no guarantees, but, although I find it hard to see your charts properly because there are 4 views on one screen, I think the D sz you chose is one I would not have left a sell-limit on and I tried to show why.
I hope the charts make sense.
livingdaylight
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240
livingdaylight
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Daily View:
livingdaylight
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Weekly View:
livingdaylight
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Curious about your take on the Monthly level. Do you have rules?
Price can do whatever it likes anyway - there are no guarantees, but, although I find it hard to see your charts properly because there are 4 views on one screen, I think the D sz you chose is one I would not have left a sell-limit on and I tried to show why.
I hope the charts make sense.