Hey trader, I hope you having a profitable week. If not, try this:
But first, let me explain how these trades will be triggered. If the price bearish bounces off the 4H Half a Bat Neckline, 50 and short-term MA’s with a bullish reversal candle close (1st trade signal), then proceeds to bullish break and retest the (Possible) 4H H&S Neckline (2nd trade signal); according to the 4 Hour: the price would be or have formed a head and shoulde pattern and in prep to rally for its 3-level trend; and according to the daily: the price would be bouncing off the 50 and 8 MA’s - in prep to rally for the double bottoms L1, so once that hapens, then I should BUY → E.1 - E.2
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts!
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.