What is SnR? SnR = Support & Resistance
I'm expecting GU will drop for a while once it has entered the supply zone and making a short retracement to take another demand zone below. If price managed to break the demand zone, you either can look for another short and make another demand zone as your take profits zone. The rules of SnR is simple, if price making a breakout, wait for pullback and confirmation before entering.
Look confirmation on a lower timeframe, I normally looking for ENGULFING CANDLESTICKS or REJECTION CANDLESTICKS on M15 & M30.
Here some tip, use higher timeframe to know the direction of the market. With multi-timeframe analysis, you'll know the direction of the market, you'll know where to control and you'll know where and when to enter the market.
Good luck!
I'm expecting GU will drop for a while once it has entered the supply zone and making a short retracement to take another demand zone below. If price managed to break the demand zone, you either can look for another short and make another demand zone as your take profits zone. The rules of SnR is simple, if price making a breakout, wait for pullback and confirmation before entering.
Look confirmation on a lower timeframe, I normally looking for ENGULFING CANDLESTICKS or REJECTION CANDLESTICKS on M15 & M30.
Here some tip, use higher timeframe to know the direction of the market. With multi-timeframe analysis, you'll know the direction of the market, you'll know where to control and you'll know where and when to enter the market.
Good luck!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。