1) Price broken uptrend line
2) Price created new LL
3) bearish engulfing candle @ 4hrs
4) bearish structure at 1hr time frame
5) Wait for price to break at LTF
2) Price created new LL
3) bearish engulfing candle @ 4hrs
4) bearish structure at 1hr time frame
5) Wait for price to break at LTF
Trade closed: target reached
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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.