we are completely bearish on a higher time frame. this is a counter-trend and risky trade. Confluence for entry? 1. channel break with volume 2. break of structure on the lower time frame 3. I think ada complete Wyckoff accumulation phase this doesn't mean we are completely bullish. maybe I am wrong about Wyckoff here .my overall target is down 4. previous resistance work as support and VPOC in the support zone 5. increase volume in bullish impulse
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.