Daily close yesterday as a BEARISH ENGULFING CANDLE
We have 3 touches to the Trendline with 3 pin pattern come bearish engulfing on a daily.
A slight retracement before we go DOWN!
On the 4 hour chart, on multiple occasions rejecting support while printing a lower high.
Risk to reward 2:9
Let's see how this plays out.
We have 3 touches to the Trendline with 3 pin pattern come bearish engulfing on a daily.
A slight retracement before we go DOWN!
On the 4 hour chart, on multiple occasions rejecting support while printing a lower high.
Risk to reward 2:9
Let's see how this plays out.
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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.