Bearish indications:
Bearish engulder candle in day time frame
Bearish divergence.
Bearish wedge break out.
4 hr : Double top formation with trend line break and MA 21 also respected.
Currently at the trend line resistance which can get respected once the formation of hs .
1 hr :bullish candles formed from support but not the clear formed ones.
pair is unable to break the previous resistance of 2891.74.
Forming double top in 5 min from the resistance.
Bullish indications:
Support respected 2880
MA 21 respected at 2880 in day time frame which is a confluence.
HHHL intact yet . Support not broken.
Trade plan bias short @ 2981
SL:2897
TP1:2884
TP2:2877
Bearish engulder candle in day time frame
Bearish divergence.
Bearish wedge break out.
4 hr : Double top formation with trend line break and MA 21 also respected.
Currently at the trend line resistance which can get respected once the formation of hs .
1 hr :bullish candles formed from support but not the clear formed ones.
pair is unable to break the previous resistance of 2891.74.
Forming double top in 5 min from the resistance.
Bullish indications:
Support respected 2880
MA 21 respected at 2880 in day time frame which is a confluence.
HHHL intact yet . Support not broken.
Trade plan bias short @ 2981
SL:2897
TP1:2884
TP2:2877
Trade closed: target reached
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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.
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.