Looking for a buy at the bottom of daily demand zone.
W
Coming into a weekly zone. Anticipating ranging activity to continue with an upward bounce at the weekly zone (particularly at the daily DZ being discussed)
D
Price has been ranging quite a bit, although slightly lower highs and lower lows have formed.
240
Using the lower portion of the Daily as the buy zone (essentially the wicks)
TP
3:1
W
Coming into a weekly zone. Anticipating ranging activity to continue with an upward bounce at the weekly zone (particularly at the daily DZ being discussed)
D
Price has been ranging quite a bit, although slightly lower highs and lower lows have formed.
240
Using the lower portion of the Daily as the buy zone (essentially the wicks)
TP
3:1
Trade active
Trade closed manually:
Closed trade Friday afternoon for small profit. Did not re-open trade.
