First scenario:
we are waiting for a momentum candle close below our gray area to sell this one:
confluences for the sell:
1- divergence in red
2- Resistance area/gap zone in red
3- ascending triangle in blue
Second scenario:
meanwhile, this pair is overall bullish and sitting at our lower blue trendline so a short term upward movement would be expected so we will be looking for objective buy setups on lower timeframes
we are waiting for a momentum candle close below our gray area to sell this one:
confluences for the sell:
1- divergence in red
2- Resistance area/gap zone in red
3- ascending triangle in blue
Second scenario:
meanwhile, this pair is overall bullish and sitting at our lower blue trendline so a short term upward movement would be expected so we will be looking for objective buy setups on lower timeframes
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Kucoin Exchange
kucoin.com/r/af/signalyst
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.