TradingView
dr_pips
Feb 21, 2016 12:46 PM

Identifying Buyers and Sellers in the Market Short

U.S. DOLLAR / SINGAPORE DOLLARICE

Description


1.4166-1.4133 price consolidated and dropped. meaning alot of sellers sold at that area meaning a possible unfilled market orders still in that zone.... an example of this below when price on a daily TF reacted and dropped from my zone 1.4101-1.4081 so i expect the same. i will take profit at 1.38500 and i will move my stop loss into profit once it begins to drop!!! Remember Risk management is key if it violates there is still more opportunity!!!
More