Reasoning is the lower high Structure after sweeping a weekly high
on the H12 price ceated a bearish orderblock which should induce breaish momentum from here.
The final confirmation step would be a break below purple S/R for me
as always, no financial advice, just food for thought
on the H12 price ceated a bearish orderblock which should induce breaish momentum from here.
The final confirmation step would be a break below purple S/R for me
as always, no financial advice, just food for thought
Note
price takes too much time. I exit the short for a scratch
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.
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.