Confluences:
Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer.
However this are my confluences.
-Price was in a steady upwards channel
-Price broke this channel and broke structure at the daily timeframe level with a lot of momentum
-Gonna enter when price retests this structure
-Gonna sell it to a major level 149.5
Feel free to tell me what you guys think!
Before anything I need to see this current 4H candle to close as a maribozu, if not, I may need to wait longer.
However this are my confluences.
-Price was in a steady upwards channel
-Price broke this channel and broke structure at the daily timeframe level with a lot of momentum
-Gonna enter when price retests this structure
-Gonna sell it to a major level 149.5
Feel free to tell me what you guys think!
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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.