What I see coming up is sells
Here is why I say Soo....
The market is a clear over bearish trend, currently on intraday day time frames it's still bullish, and I am currently waiting for such a set up or something similar to execute my trades.
What's the confirmation?
Since I see that the market its at a value area (LH)
I will wait to see the market to start printing bearish properties and continue until we get a new LL
In the overall bearish trend.
Use proper risk management let's do the most
Here is why I say Soo....
The market is a clear over bearish trend, currently on intraday day time frames it's still bullish, and I am currently waiting for such a set up or something similar to execute my trades.
What's the confirmation?
Since I see that the market its at a value area (LH)
I will wait to see the market to start printing bearish properties and continue until we get a new LL
In the overall bearish trend.
Use proper risk management let's do the most
Note
Seems like the idea is coming up nicely.. soon I will have a clear confirmation if I selling or the idea is invalidatedTrade active
I am taking my first sell enter since I have been waiting for a break below the HH and a retest Let's do the most
Trade active
I am still holding on my set up.I dropped a lot from my entry...
I am looking for a scale in.
That's if I get another flag or pattern like how I illustrated on the idea
Trade active
A scale in opportunity coming through...
As I said I was waiting for a flag to form and as I said it's doing exactly that.(1hour)
I will take the sell opportunity and add on top of my winning trades.
I will update when I have placed the trades just waiting for confirmations
Use proper risk management
Let's do the most
Trade active
Another possibility upcoming for the pair
I am still aiming to scale in the pair and be able to capitalise the move to the downside
So when I have entered I will update the idea
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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.