3rd touch of corrective channel, did not unfortunately make it to the double top in blue.
It did come back into structure, I missed the original entry, but this seems valid as new low and now testing zone with 50% fib rejection.
I have added a 15min trend line, as i think this is the best way to enter to confirm a sell. would you agree?
I am still working on my entrys, any tips welcome, share your thoughts :)
It did come back into structure, I missed the original entry, but this seems valid as new low and now testing zone with 50% fib rejection.
I have added a 15min trend line, as i think this is the best way to enter to confirm a sell. would you agree?
I am still working on my entrys, any tips welcome, share your thoughts :)
Note
Updates: Still want to see a sell at the double top as originally planned. If I see the pattern in 1st pic, I will be shorting! Alternatively if it does the 2nd pic pattern, I will be taking a buy back to the top and then getting a sell at the high probability daily 3 touch which will be a big one. I will post separately for these high probability trades
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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.