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Daily chart . Uptrend.
Respect the trend.
Look at how close price is to a previous support potentially acting as a supply zone /resistance... Is this a wise place to enter a trade long? Right at a key resistance/supply zone?
Yes, relax.. its an uptrend. So treat it like one and look for entry during re-accumulation.
YOU DO NOT WANT TO BUY RIGHT INTO A SUPPLY ZONE . That will get you broke!
Methodology employed:
Supply demand
VSA- volume spread analysis
Richard Wyckoff
Respect the trend.
Look at how close price is to a previous support potentially acting as a supply zone /resistance... Is this a wise place to enter a trade long? Right at a key resistance/supply zone?
Yes, relax.. its an uptrend. So treat it like one and look for entry during re-accumulation.
YOU DO NOT WANT TO BUY RIGHT INTO A SUPPLY ZONE . That will get you broke!
Methodology employed:
Supply demand
VSA- volume spread analysis
Richard Wyckoff
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