So the 30m chart has formed a valid bearish CURCT price structure (white lines) which is opposite of my long position (yellow lines). I am taking half of my position off the table and setting my stop to BE on the other half. Conflicting price structures make it difficult to determine if you are on the right side of the trade. Especially when the higher time frame hasn't flipped yet. Technically the higher time frame wave is still bearish, if it were bullish I would have more confidence in this bullish position I am holding.
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.