On the left 2018
on the right, now
2018: I' found this double top pattern. We see a nice oversold on 4h chart. S/R levels are reliable
2019 The first spike was a fomo spike, as we see often on low TF. 4h oversold start. S/R levels are reliable too.
Don't get trapped ! The 9.8k support can break. Not in 4h. but it can break. Trade safe.
And see how the chart develop.
on the right, now
2018: I' found this double top pattern. We see a nice oversold on 4h chart. S/R levels are reliable
2019 The first spike was a fomo spike, as we see often on low TF. 4h oversold start. S/R levels are reliable too.
Don't get trapped ! The 9.8k support can break. Not in 4h. but it can break. Trade safe.
And see how the chart develop.
Note
It will not happen in a few hours, so, don't panic ! It will take a few days, and it will fight here before. And may be the market will choose another directionTrade active
Target 9 800 reached ! perfect.Trade closed: target reached
Note
my target was 10600. I sold near 10 550Note
My chart is still valid !Note
Now, be care. The fractal will not be the same now. I'm not sure at all it's going up really nowNote
8 600 and 7 100 would be my favorites targetNote
Time to prepare a short trade probablyDisclaimer
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.