The buying force at 2.7$ zone is trying to conquer the 3.5$ zone and move up to 4.5$ and 5.5$ zone. But the selling force is still there so it still have a chance to move down to 2.2$ zone then start new rally at that zone.
📈BUY
-Buy: 2.7-2.8$. SL B
-Buy: 3.4-3.6$ if A. SL B
📉SELL
-Sell: 3.4-3.6$. SL A
-Sell: 4.4-4.6$. SL A
-Sell: 5.3-5.5$. SL A
♻️BACK-UP
-Sell: 2.7-2.8$ if B. SL A
-Buy: 2.1-2.2$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
📈BUY
-Buy: 2.7-2.8$. SL B
-Buy: 3.4-3.6$ if A. SL B
📉SELL
-Sell: 3.4-3.6$. SL A
-Sell: 4.4-4.6$. SL A
-Sell: 5.3-5.5$. SL A
♻️BACK-UP
-Sell: 2.7-2.8$ if B. SL A
-Buy: 2.1-2.2$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.