What do you think?
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Without the effect of any news. It's scary
Anyhow played the same trade here entered based on 15 min & 30 min time frame. but moved my SL just below sell price once it started to fall
Because i thought if it comes back again to demand zone then there will be only for 2 scenarios
1. My trade is not right market was suppose to break the resistance ( Very low probability as it was very strong resistance Weekly, Daily, 4 Hr and there had already been 2 tries )m\
2. They are coming for stop losses. (high probability)
any how it was a breakeven scenario, did not take once it went past supply zone as wanted to see further price action.
Well Currently its again in supply zone as you mentioned closely looking at 5, 15 and 30 min charts