Price retesting resistance area and we are trying to find opportunities to sell.
On stochastic, we see a bearish divergent which indicates a weakness.
However, to jump into sell we need to wait for the price to break the trendline first.
Only after that we look for a setup by waiting for the price to break a small correction or waiting for the potential right shoulder on the head and shoulders pattern.
On stochastic, we see a bearish divergent which indicates a weakness.
However, to jump into sell we need to wait for the price to break the trendline first.
Only after that we look for a setup by waiting for the price to break a small correction or waiting for the potential right shoulder on the head and shoulders pattern.
Trade closed: target reached
TP1
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.