Market Update & Plan
Yesterday, price tested our HTF POI and showed a slight rejection. Toward the end of the session, we also saw a strong bearish 15m candle.
For today, the safer approach is to wait for a pullback into the 24,973 – 24,929 zone and look for a bullish rejection candle there. The higher-timeframe trend for this week remains bullish, and since today is Thursday, it’s better not to trade against the trend. If the setup doesn’t align, we simply skip the trade just like we did last Thursday.
Yesterday, price tested our HTF POI and showed a slight rejection. Toward the end of the session, we also saw a strong bearish 15m candle.
For today, the safer approach is to wait for a pullback into the 24,973 – 24,929 zone and look for a bullish rejection candle there. The higher-timeframe trend for this week remains bullish, and since today is Thursday, it’s better not to trade against the trend. If the setup doesn’t align, we simply skip the trade just like we did last Thursday.
Nota
the exact point of 25139 has acted strong resistance,Nota
when price get rejected from HTF its liked to find HTF support demand zone , so HTF demand zone is around 24664-24596Publicações relacionadas
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Publicações relacionadas
Aviso legal
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.
