Price is dropping in the demand zone
The pair had already reached to demand zone as I mentioned in my previous post
Price has broken the down trend on the 1H frame but it is retracing down again with highly liquid candles
___________________________________________________
Why would I get into the this trade?
For now I will not buy as the price is downward bias even though the trend is broken
_______________________________________
What is coming up?
I will wait for the price to move down even lower and once it creates a reversed head and shoulder or double bottom pattern (Inside the demand zone) I will buy accordingly with proper money management
Price has broken the down trend on the 1H frame but it is retracing down again with highly liquid candles
___________________________________________________
Why would I get into the this trade?
For now I will not buy as the price is downward bias even though the trend is broken
_______________________________________
What is coming up?
I will wait for the price to move down even lower and once it creates a reversed head and shoulder or double bottom pattern (Inside the demand zone) I will buy accordingly with proper money management
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.