1. 4hrly is highly bullish , they was a pullback earlier , which didn't mitigate the lower PIO
2.Price reacted from the 4H SUPPLY
3.We wanna see a 15M CHoCH, to confirm start of the bearish pullback .
Since price is highly bullish , we don't wanna target for lower that the market area , if we get involved
4. from the chart blue line is 1 minute Tf which we can switch to to get our entry
REFER TO LINK FOR 4H BIAS
2.Price reacted from the 4H SUPPLY
3.We wanna see a 15M CHoCH, to confirm start of the bearish pullback .
Since price is highly bullish , we don't wanna target for lower that the market area , if we get involved
4. from the chart blue line is 1 minute Tf which we can switch to to get our entry
REFER TO LINK FOR 4H BIAS
Note
V-shaped to confirm price switching bearish.Trade closed: target reached
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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.