High-probable set-up but not ready yet!
Hello traders,
Still patient for a potential buy set-up. Price-action left an obvious near-miss with the hookpoint and the lowertime frame isn't convincing at all, no signs of bigger players stepping in yet, which may lead to a last drop into the value area.
Looking forward how price-action is going to respond at the VA, likely a break and a strong close back into the pattern, which results the last shake-out of early buyers. The VA lines with the .618 FIB (I use this as a guidance for a structure).
If this idea commits including the entry, it's likely I can manage this accordingly and the odds are increasing that I can hold it till ATH
The chart is inverted!
Trade safe
Still patient for a potential buy set-up. Price-action left an obvious near-miss with the hookpoint and the lowertime frame isn't convincing at all, no signs of bigger players stepping in yet, which may lead to a last drop into the value area.
Looking forward how price-action is going to respond at the VA, likely a break and a strong close back into the pattern, which results the last shake-out of early buyers. The VA lines with the .618 FIB (I use this as a guidance for a structure).
If this idea commits including the entry, it's likely I can manage this accordingly and the odds are increasing that I can hold it till ATH
The chart is inverted!
Trade safe
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.