- From left to right, we have price creating a weeks worth of liquidity that price spiked down to acquire and returned to the upside. - Upon returning to the upside price created a double bottom formation to potentially entice buyers into positions. - However, price is respecting the 84.060 region and so my bias is that price is being magnitised towards the downside towards a potential sponsorship candle region where the EQL's will be taken out and we will satisfy the region. - When we reach the SC level I will look for long oppourtunities. - I have entered a short position to the SC level below as price action was respecting the resistance level and so my bias was correct and I took a short position off of the 50% of the most recent Sponsorship candle. - I have a 3 pip SL and a potential 100 pip reward for a 1:35 r/r.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.