Our oscillator is currently printing a price divergence indicating a possible move to the downside however price was very bullish for a long time and I dont see price just dumbing that fast. I am expecting a short term retracement back to the upside before price rejects back to the downside.
1H price action outlook
Technical entry outlook :
1H price action outlook
Technical entry outlook :
Note
Trade is breaking through volumetric block with no rejection or buy signal. Very close to canceling this trade Trade active
Opened position
Trade closed: stop reached
C Nicholas Downie
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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.
C Nicholas Downie
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.