Price hitting important resistant zone and forming Tower Top price action
Also breaking H1 Uptrend trendline and forming bearish price action at Retest zone
possibly hit TP and pullback then going down to support zone
Win potential =50-60%
prefer more downtrend breakout confirmation
Also breaking H1 Uptrend trendline and forming bearish price action at Retest zone
possibly hit TP and pullback then going down to support zone
Win potential =50-60%
prefer more downtrend breakout confirmation
Note
H1 candle close as bearish so it confirms this price actionTrade closed manually
The pullback was formed as expected, but the bullish momentum just too strong so I closed at breakeven
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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.