Broken Supply Zone Retest
Price broke 146.340 and pushed down to 146.000, based on market structure i'm anticipating that this pull up is more of a liquidity grab ( retest ) from the broken zone for price to push down to the next demand zone 145.700.
My goal will be:
1) Look for signs of weakness/consolidation or rejection around the current supply zone.
2) Get a 5-15 minute confirmation for a sell
3) Ride the wave back down
4) Once TP is hit, i'll be prepping for a buy back up to 146.900 if the bullish structure still holds.
My goal will be:
1) Look for signs of weakness/consolidation or rejection around the current supply zone.
2) Get a 5-15 minute confirmation for a sell
3) Ride the wave back down
4) Once TP is hit, i'll be prepping for a buy back up to 146.900 if the bullish structure still holds.
Order storniert:
Sorry, i meant shorts instead of longs
