Price broke the trendline, got a retest and formed a bearish pinbar using that as my signal entry + 12 EMA as my resistance. We got an impulse to the downside take the 1st TP. Let's see if it's gonna take the second one. Is kinda reversing right now and not receiving any bearish signal. Is probably sweeping out the buy side liquidity of lower timeframes. Goind below the EMA will be my other confirmation for a potential sell entry.
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.