Ok so we been in this range for a weeks and now that price left it it’s a good time to explain the content here
As we have breakout from a range and a throwback to it as this is how the market communication. The order is passed and next we see what we have here
What we have is a supply zone showing trapping or traders creating a orderblock area such that when price returns here the order is triggered these macro moves can takes years for price to return and retest or less but usually it’s not a fast return. Thus we can sell this zone as a first touch of supply
HOW TO TRADE LIKE THEM-
As we have breakout from a range and a throwback to it as this is how the market communication. The order is passed and next we see what we have here
What we have is a supply zone showing trapping or traders creating a orderblock area such that when price returns here the order is triggered these macro moves can takes years for price to return and retest or less but usually it’s not a fast return. Thus we can sell this zone as a first touch of supply
HOW TO TRADE LIKE THEM-
