I am looking for a sell setup around the Highlighted area.
Confirmations:
Structure (H4-M15 Bearish)
Liquidity Run (M5 Timeframe)
Brake of Previous Structure
.886 Fib Level Confluence
Confirmations:
Structure (H4-M15 Bearish)
Liquidity Run (M5 Timeframe)
Brake of Previous Structure
.886 Fib Level Confluence
Note
I will count this as a brake even because price reacted of our entry level giving us 1:4 so you should have protected your trade once it reached 1:1
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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.