After the rally down price created a demand (DbD) I will be looking to short from here price already to me out on Break even ..let's see how this zone plays out
Always DOYR
NOTE‼️‼️‼️
REMEMBER RISK MANAGEMENT IS WHAT WILL KEEP YOUR ACCOUNT ALIVE
this trade was taken using a SELLSTOP order i observed price creating a basing structure and i new the next phase will be the initiation to with past knowledge of the chart i entered .
* I also have fresh demand zones waiting below for mitigation..
use the chart to understand more
ALways DYOR.
I trade supply and demand but I see a bullish continuation patteRN
+I have 2 setups
*a long position after the break of triangle pattern
*A sell to buy ,having a fresh demand zone sitting below, if price pushs downward I will be waiting to enter a long ....use the chart to understand better
ALWAYS DO YOUR OWN RESEARCH ⚓
Trading supply and demand can be very technical...
Here we have 2supply zone above current price ..I will be take the one closest to CMP TO CONTINUE THE FALL
NOTE: THERE IS AN UNMITIGATED OB SITTING BELOW CMP