On the 4hr timeframe, we noted the
⚡️ key zone
⚡️breakout of the rising wedge
⚡️and the trendline
⚡️ confirmation candles for the breakout candle that formed afterwards.
Hence we take a quick entry short in this short term retracement and our stoploss above the trendline etc.
⚡️ key zone
⚡️breakout of the rising wedge
⚡️and the trendline
⚡️ confirmation candles for the breakout candle that formed afterwards.
Hence we take a quick entry short in this short term retracement and our stoploss above the trendline etc.
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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.