Price below the monthly cloud timeframe
Price below the weekly cloud timeframe
Price below the daily cloud timeframe
I will wait for a pullback on the H1 and H4 timeframes for a sell setup.
"Please ignore all buy setups as they are just pullbacks."
Price below the weekly cloud timeframe
Price below the daily cloud timeframe
I will wait for a pullback on the H1 and H4 timeframes for a sell setup.
"Please ignore all buy setups as they are just pullbacks."
Trade active
Enter a trade on 1hr timeframeOpen price= 0.59883
SL= 0.60183
TP = 1 to 4 risk to risk reward
Trade closed: stop reached
Note
Waiting for another sell setup and for price to come out of the cloud on H1Note
Currently, the price is in a cloud based on a weekly timeframe, so we'll wait until it comes out of the cloud
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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.