Counter Trend Opportunity
Good morning traders!! I hope you are doing great!
Let me walk you through this opportunity. You can see the next support level as a green box, which has been tested twice in the past. Additionally, note how the price got there. It came down slowly and with no momentum, putting a lot of pullbacks. This tells me that the price is reluctantly going lower, and I expect that the bulls are going to enter on this level of support and finally push the market higher.
Now, I do not have a reason for entry yet, so I will be updating this if I get an opportunity to enter, like a double bottom on the 1H for instance.
You are free to comment, criticize, or ask!
Let me walk you through this opportunity. You can see the next support level as a green box, which has been tested twice in the past. Additionally, note how the price got there. It came down slowly and with no momentum, putting a lot of pullbacks. This tells me that the price is reluctantly going lower, and I expect that the bulls are going to enter on this level of support and finally push the market higher.
Now, I do not have a reason for entry yet, so I will be updating this if I get an opportunity to enter, like a double bottom on the 1H for instance.
You are free to comment, criticize, or ask!
הפקודה בוטלה
Price closed below structure, so I will no longer be looking for long entries.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.