Price action is showing there are willing sellers within the daily supply.
Though we are in an upward momentum on the weekly & also the weekly demand is in control, will be in full alert on this trade in case things go south (or north in this case)
This could be price starting to dip to demand level for buyers to step in, pushing price higher.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Though we are in an upward momentum on the weekly & also the weekly demand is in control, will be in full alert on this trade in case things go south (or north in this case)
This could be price starting to dip to demand level for buyers to step in, pushing price higher.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
Ordre annulé:
Trade cancelled due to price dropping away from short limit order into bigger timeframe demand. Odds aren't enough for shorts. Awaiting long opportunities now.
Commentaire:
Level worked out nicely. Unfortunately I wasn't in this trade as I was too busy I forgot to place a limit order xD