GJ is finally giving up good confluences for the continuation short.
From the higher time frames, the price impulsively broke out of the larger correctional structure and start to form this ascending channel.
This is good indications of a continuation, and waiting for the correction to complete is ideal to look for sell entries.
Now we see the latest price action has managed to broke out of the channel, then I would go down to the lower time frames to see if a correctional structure will form to give me the one last confirmation for the sell.
Look to see the previous lows as a potential TP.
Thank you
Comment
Look for LTF reversal price actions.
Comment
Wait for further price development to get in the sell.
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.