*Price got rejected on the trend line
*Could't break the previous swing high and making triple top
HOW TO TRADE:
1) Watch the breakout of the white box (previous support) in 15 Min time frame
2) Find the correction or pull back to broken trend line with fibonacci 38.2, 50, or 61.8
3) If you have find the pullback in 15 Min, change to 5 min for entry. DRAW A TREND LINE IN 5 MIN CORRECTION, if the price break the correction trend line in 5 min. ENTER THE SHORT !
Good luck
Please like, comment, and subscribe to support the author if you find this analysis helpful.
Cheers :D
*Could't break the previous swing high and making triple top
HOW TO TRADE:
1) Watch the breakout of the white box (previous support) in 15 Min time frame
2) Find the correction or pull back to broken trend line with fibonacci 38.2, 50, or 61.8
3) If you have find the pullback in 15 Min, change to 5 min for entry. DRAW A TREND LINE IN 5 MIN CORRECTION, if the price break the correction trend line in 5 min. ENTER THE SHORT !
Good luck
Please like, comment, and subscribe to support the author if you find this analysis helpful.
Cheers :D
Note
Note
Trade with your trading plan and risk appetite.
Note
Another pullback
Note
61.8 FIB
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.