Waiting for price to retrace to the 4hour, 50ema and gain momentum to break the channel so i can confirm a Long trade.
I see price retracing to 50ema where there is also a 61.8fib level from a previous successful structure.
4hour channel + (potential candlestix) & Gr4d within.
thumbs down: No 123 patterns in motion but weekly just closed on bullish 123 last week.
no we have a new Gr4d which has not been touched unline the candlestix Gr4d before it which has been pierced but price has not closed over yet.
Overall we are still bullish but i do not have my potential 123 in motion to confirm my trades.
I see price retracing to 50ema where there is also a 61.8fib level from a previous successful structure.
4hour channel + (potential candlestix) & Gr4d within.
thumbs down: No 123 patterns in motion but weekly just closed on bullish 123 last week.
no we have a new Gr4d which has not been touched unline the candlestix Gr4d before it which has been pierced but price has not closed over yet.
Overall we are still bullish but i do not have my potential 123 in motion to confirm my trades.
Note
No 123 looking like a massive rejection Sell off..
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.
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.