H1 M pattern is formed (price falling with volume, double confirmed)
if price backtests neckline (which is the current resistance) and bearish signal appears,
consider placing short position
entry, SL, TP are given on chart
all are personal opinion, not investment advice
any suggestions and feedback are welcome!
if price backtests neckline (which is the current resistance) and bearish signal appears,
consider placing short position
entry, SL, TP are given on chart
all are personal opinion, not investment advice
any suggestions and feedback are welcome!
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.
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.