From what I can see, a Wyckoff Distribution Schematic 1 can be applied for LDO's current price action (on 4H TF).
Now prices are retesting the range's high after a failed break-out.
In my opinion, retest would be rejected. In this case, a referenced setup is in chart.
การซื้อขายยังคงดำเนินอยู่:
On 1H TF, a shooting star is found with good sell volume. It's a bearish sign
ความคิดเห็น:
ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน:
SL hit. This trade was closed.
ความคิดเห็น:
The trade was not successful. I think that the entry was prematurely set.
In 4H TF, LDO broke the trendline and was rejected after retesting it.
Moreover, we can see engulfing candles in the same 4H TF.
In 4H TF, LDO broke the trendline and was rejected after retesting it.
Moreover, we can see engulfing candles in the same 4H TF.
