Hey everyone!
Today i want to share Multi timeframe Analysis.
On four hour time frame the price break the previous trend line and spiked to the down side, now we expect the price to fall and we are waiting for corrections to find better entries for short positions.
On weekly chart we have a clear range pattern, price tested resistance and i see a pin bar that confirm the price might fall.
On daily chart we also have a range pattern, same as weekly chart the price tested resistance and create a pin bar that also confirm the price might fall.
I hope you found good content here.
Feel free to share your ideas on the comment.
Today i want to share Multi timeframe Analysis.
On four hour time frame the price break the previous trend line and spiked to the down side, now we expect the price to fall and we are waiting for corrections to find better entries for short positions.
On weekly chart we have a clear range pattern, price tested resistance and i see a pin bar that confirm the price might fall.
On daily chart we also have a range pattern, same as weekly chart the price tested resistance and create a pin bar that also confirm the price might fall.
I hope you found good content here.
Feel free to share your ideas on the comment.
Trade closed: target reached
Targets done
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.