As shown in the chart, price reacted to our marked zone. If we had opted for a more aggressive entry strategy, our buy order would have been triggered. This setup offered a potential opportunity for a risky long position.
🔍 In the next analysis, we’ll dive into the 1-minute timeframe to identify areas where confirmation-based entries could be considered. This will help refine our strategy and reduce exposure to unnecessary risk.
Wishing you profitable trades 💰
🔍 In the next analysis, we’ll dive into the 1-minute timeframe to identify areas where confirmation-based entries could be considered. This will help refine our strategy and reduce exposure to unnecessary risk.
Wishing you profitable trades 💰
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.
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.