GJ prediction short from Daily PDZ 1h orderblock
So the reason main reason i think it`s gonna reverse:
1, its on a downtrend
2, H&S pattern
3. Soon at a daily PDZ
4. Soon at a 1h orderblock
5, 4h stoch almost overbought (I would wait till 1 h will be overbought too)
Why i dont think its goona reverse from the weekly PDZ:
1, At H&S its not very common to have one shoulder with DT.
(But thats still a possibility...
Short Entering rules:
-1h overbought(4h too)+RSI bearish(as an extra a divergence would be nice too)
-chouch (change of character on a 1h)+2-3 structure down.
1, its on a downtrend
2, H&S pattern
3. Soon at a daily PDZ
4. Soon at a 1h orderblock
5, 4h stoch almost overbought (I would wait till 1 h will be overbought too)
Why i dont think its goona reverse from the weekly PDZ:
1, At H&S its not very common to have one shoulder with DT.
(But thats still a possibility...
Short Entering rules:
-1h overbought(4h too)+RSI bearish(as an extra a divergence would be nice too)
-chouch (change of character on a 1h)+2-3 structure down.
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