Buy #1 was a success. Next up Buy #2.....
W
Currently trading within the Weekly Zone, which had a good bit of buying reaction off already. The assumption is that more smart money will want to buy at these low price levels...
D
Price is trading sideways, Therefore we will buy below this trading range in Buy Zone 2
240
Buy Zone 2 /Demand zone was the origin of the strong move away (buy 1 formed out of this original movement)
TP
Revised targets 3:1 R:R. Trailing stop permitted if quality zone(s) form out of a move away from the subject demand zone.
W
Currently trading within the Weekly Zone, which had a good bit of buying reaction off already. The assumption is that more smart money will want to buy at these low price levels...
D
Price is trading sideways, Therefore we will buy below this trading range in Buy Zone 2
240
Buy Zone 2 /Demand zone was the origin of the strong move away (buy 1 formed out of this original movement)
TP
Revised targets 3:1 R:R. Trailing stop permitted if quality zone(s) form out of a move away from the subject demand zone.
Order cancelled:
Entry missed. Trade cancelled
