Bullish HTF double bottom
However most demand/swap levels below seem to have been tested at least once each.
Plan A: Short from swap zone down (higher risk)
Plan B: Short from 2nd swap zone down (lower risk)
Target: Test of demand zone, which is potential TP1, but likely to break and test lower zones due to it being tested twice.
However most demand/swap levels below seem to have been tested at least once each.
Plan A: Short from swap zone down (higher risk)
Plan B: Short from 2nd swap zone down (lower risk)
Target: Test of demand zone, which is potential TP1, but likely to break and test lower zones due to it being tested twice.
Comment:
Blew through first plan. Would not have taken this trade as the price has not stayed away from zone long enough. Would be trading against a V bottom
Trade closed: stop reached