Wait for breakout of 4H green ascending channel to the downside
1) Huge weekly bearish pinbar @ monthly trendline, possible reversal to the downside
2) 4H ascending channel to monthly red trendline and rejected, wait for breakout of bottom trendline of ascending channel, possible reversal setup to the downside.
2) 4H ascending channel to monthly red trendline and rejected, wait for breakout of bottom trendline of ascending channel, possible reversal setup to the downside.
Trade closed: stop 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.