Pin Bar Reversal H1
Extra Short Conformation
Stochastic H4 & H1 OB Conditions
MACD Diverging
Opposing Levels
1.66975
This level is also a potential TP level, if price hesitates and struggles to close & establish below this NL scale out or exit
Trader Notes:
Price Action hit an opposing lvl @ 1.68646 price could not close on this level, price hesitation lead to pin bar price action with Stochastic & MACD confirmation both in H4 & H1
Also note Weekly price action shows that this S/R is well respected within these ranges
If price closes & est. on Opposing level and or (R) NL a pot. BO is likely to occur
Extra Short Conformation
Stochastic H4 & H1 OB Conditions
MACD Diverging
Opposing Levels
1.66975
This level is also a potential TP level, if price hesitates and struggles to close & establish below this NL scale out or exit
Trader Notes:
Price Action hit an opposing lvl @ 1.68646 price could not close on this level, price hesitation lead to pin bar price action with Stochastic & MACD confirmation both in H4 & H1
Also note Weekly price action shows that this S/R is well respected within these ranges
If price closes & est. on Opposing level and or (R) NL a pot. BO is likely to occur
Note
Trade RiskH1 Micro Opposing Level
6721
Trail S/L
Price breaks Micro NL Scale In
Price consolidates Micro NL Scale Out
REDUCE RISK
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.