In M15 chart we can see market is bullish as recently candles have created BOS (Break Of Structure). So, we have to find buying opportunity. Now how can we get the long entry? For that we have to wait for a while to make the proper structure of candles.
If the price sweep the IDM (X) (Inducement) level 24197 and form any rejection candle, we can take the entry here or else we have to wait until the market hit the demand zone.
In conclusion, Demand zone entry is much safer than the previous entry.
If the price sweep the IDM (X) (Inducement) level 24197 and form any rejection candle, we can take the entry here or else we have to wait until the market hit the demand zone.
In conclusion, Demand zone entry is much safer than the previous entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.