📉 Technical Analysis - Sell Setup 📉
🔹 D1 (Daily Chart)
Price has reversed at a key zone, supported by a significant level. Additionally, it meets 4 out of 5 factors I consider for confirming a potential trade.
🔹 H1 (1-Hour Chart)
In this timeframe, I apply less strict criteria, requiring only one factor in favor—which is fulfilled by the blue-marked structure.
📌 Entry Strategy:
I’ll wait for a 50% Fibonacci retracement before executing the trade. 📊
🔥 Now, let
🔹 D1 (Daily Chart)
Price has reversed at a key zone, supported by a significant level. Additionally, it meets 4 out of 5 factors I consider for confirming a potential trade.
🔹 H1 (1-Hour Chart)
In this timeframe, I apply less strict criteria, requiring only one factor in favor—which is fulfilled by the blue-marked structure.
📌 Entry Strategy:
I’ll wait for a 50% Fibonacci retracement before executing the trade. 📊
🔥 Now, let
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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.