Hi traders,
another of my daily analysis here on tradingview. In this case i've outlined a blue box around a structure level (black line). This zone seems to be often respected when price touches it, so i'm going to be very careful and pay attention as soon as markets open for price is almost in the reversal zone.
Let me know if you have a similar setup.
See you in the next chart!
another of my daily analysis here on tradingview. In this case i've outlined a blue box around a structure level (black line). This zone seems to be often respected when price touches it, so i'm going to be very careful and pay attention as soon as markets open for price is almost in the reversal zone.
Let me know if you have a similar setup.
See you in the next chart!
Trade active:
Entered after an engulfing candle on 4hr chart at the level of 110,97.
Stop at an atr from the highest high.
First target at 1:1
Stop at an atr from the highest high.
First target at 1:1
