Monthly - bearish : restest of neckline M formation
Weekly - bearish : restest of neckline M formation
+ : retracement to fibonnaci level 50%/61.8%
Daily - bullish :
When we will start getting bearish signal,
I will be looking for sell
in the 4h chart and lower
Weekly - bearish : restest of neckline M formation
+ : retracement to fibonnaci level 50%/61.8%
Daily - bullish :
When we will start getting bearish signal,
I will be looking for sell
in the 4h chart and lower
Note
the market is still bullish we need to see a clear shift of structure before taking the trade the market can continue to go higher
Note
sell limit cancel waiting more confirmationNote
for Now my view of this pair was wrong we have to see how the monthly candle is gonna close before looking for something. I did not take any trade because nothing was lining up with the rules of my strategy.
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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.