81, no, no, no, no. Thatīs not the way to do it. As far as I can see you are using the CSCZ. Not a PTEZC. You should not buy here. Buy at the bottom. Look at your 1H chart, is that the bottom?
A daliy PTECZ would be the third candle from the right. On the Daily there is a rejection, yes. However, there is no breakout nor breakdown. Itīs still in a consolidation. You should wait and see what happens next.
You donīt know what a PTEZC is. Look it up again, this can lead to disappontment at least.
You (and some others have to decide what you want to trade. I think there is a lot of confusion). 81, if you want to trade the daily zones you need to know what a PTECZ is and on your daily chart the trend is so down itīs not even up a bit yet. You are not trading the daily context. If you want to trade the hourly context you should have entrered a lot lower. You are buying into supply. The daily context suggests wait and see what happens. So far itīs just a small retrace of the downtrend.
Now, you CAN do that. But we canīt say anything abou that because thereīs no analysis. You donīt know where to get out.
A daliy PTECZ would be the third candle from the right. On the Daily there is a rejection, yes. However, there is no breakout nor breakdown. Itīs still in a consolidation. You should wait and see what happens next.
You donīt know what a PTEZC is. Look it up again, this can lead to disappontment at least.
You (and some others have to decide what you want to trade. I think there is a lot of confusion). 81, if you want to trade the daily zones you need to know what a PTECZ is and on your daily chart the trend is so down itīs not even up a bit yet. You are not trading the daily context. If you want to trade the hourly context you should have entrered a lot lower. You are buying into supply. The daily context suggests wait and see what happens. So far itīs just a small retrace of the downtrend.
Now, you CAN do that. But we canīt say anything abou that because thereīs no analysis. You donīt know where to get out.