as D-time we can see there's a demand zone with 618 not far below
potential long oppty.
maybe someone will argue "why long in an down-trend?"
well~~just I like it~~~for the truth is: if price coming into this zone,
who will still open sell order after a huge decline ?
who will still open sell order into a demand zone plus 618 level ?
so , I am not sure "must" win this order but I now the potential RR here is good,that's the right decision we need to make!
potential long oppty.
maybe someone will argue "why long in an down-trend?"
well~~just I like it~~~for the truth is: if price coming into this zone,
who will still open sell order after a huge decline ?
who will still open sell order into a demand zone plus 618 level ?
so , I am not sure "must" win this order but I now the potential RR here is good,that's the right decision we need to make!
Order avbruten:
the price action:insidebar up breaking,order cancle