Things I like:
-Divergence on the 1HR
-Top of the Bullish Channel
-Bearish Bat pattern complete
Things I don't like:
-Not enough red candles, haven't really seen price slow down.
- Would like to see some sort of a double top or reversal pattern on the 15min
-Divergence on the 1HR
-Top of the Bullish Channel
-Bearish Bat pattern complete
Things I don't like:
-Not enough red candles, haven't really seen price slow down.
- Would like to see some sort of a double top or reversal pattern on the 15min
Note
It is looking like it is going to come back up and retest the entry from earlier, I would take partial profits, if it comes back up look for divergence again with a bearish candle confirmation around the peak we entered on. On the 1HR
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Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
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.