CONFLUENCE
Ideas to confirm my next approach
1. Trend: Downtrend
2. Bearish trendline seen. A breakout will be a signal for buys which will be indicated in the next H1 close but if it holds will signify trading with the trend
3. The lower timeframes such as M15 are indicating or showing rejection candles at the area of interest which is the trendline
4. Meanwhile we wait on confirmation before we take the trade
......But in all entirety, my bias would be a SELL! Share your comments
1. Trend: Downtrend
2. Bearish trendline seen. A breakout will be a signal for buys which will be indicated in the next H1 close but if it holds will signify trading with the trend
3. The lower timeframes such as M15 are indicating or showing rejection candles at the area of interest which is the trendline
4. Meanwhile we wait on confirmation before we take the trade
......But in all entirety, my bias would be a SELL! Share your comments
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.