-Price has now tapped our coveted supply zone.
-All signals pointing to WAIT to see how price reacts to the zone. Will price break above the zone and tun it to a supply zone or will price reject the zone and remain a supply zone?
-Those are the questions that we will need answered before jumping in the market again.
-Well, lets be patient and continue reading the tape for more information
-All signals pointing to WAIT to see how price reacts to the zone. Will price break above the zone and tun it to a supply zone or will price reject the zone and remain a supply zone?
-Those are the questions that we will need answered before jumping in the market again.
-Well, lets be patient and continue reading the tape for more information
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As you can see, WAITING when price hits a major zone can also be a good trade.
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Its a lot of bullish signals that blew accounts yesterday