Reason behinf this setup ..
1.firstly a touch and bouce of strong trendline RES
2. if you go down to 4hour chart higher highs and lower highs where being made but price action violated that patern
3.daily candle is a strong bearish candle
1.firstly a touch and bouce of strong trendline RES
2. if you go down to 4hour chart higher highs and lower highs where being made but price action violated that patern
3.daily candle is a strong bearish candle
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.