@ 10:00 AM Price Moved with Impulse Creating the supply zone.
Waited for the price to come near the zone, as soon as price approaches this zone started reversing.
%Took a short position @ rejection with the recent high as StopLoss.
Target is kept near Today's Low.
Trade is still Running.
Waited for the price to come near the zone, as soon as price approaches this zone started reversing.
%Took a short position @ rejection with the recent high as StopLoss.
Target is kept near Today's Low.
Trade is still Running.
Commento:
Trailed My StopLoss to Breakeven
Commento:
Note: Try & Identify Supply Zone.
If again the price retraces to the same zone, Sellers usually get activated.
Only, enter short position trade if there is rejection from the zone.
In this there was rejection.
If again the price retraces to the same zone, Sellers usually get activated.
Only, enter short position trade if there is rejection from the zone.
In this there was rejection.
Trade chiuso: obiettivo raggiunto