HTF: Price has been in an ascending channel and it recently made its double top which was followed by an impulsive bearish move. LTF: Currently we see price forming continuation correction pattern and we are anticipating a breakout followed by a correction to make our entry
HTF: Price has been forming a rising wedge indicating a reversal movement and we saw a strong impulsive bearish move which was then followed by a big correction structure, currently we anticipating a breakout out to the downside and eventually out of the rising wedge LTF: We see price forming different structures in the continuation structure we had a LTF...
HTF: Price recently tested its most recent high forming a Double top, while its still holding in the Reversal expanding structure we are anticipating a downward movement eventually a breakout. LTF: Price formed a Heads and Shoulders pattern giving us more biasness to the downside but for me to make my Reversal entry I will wait for price to form a correction...
ENTRY CONDITIONS Reversal Entry LTF Correction structure towards the support LTF Double Bottom (Rejection candles) Breakout from the corrective structure
Price made its third touch on the resistance of the trend with reversal double top structure, indicating a downward movement. Around the resistance area price formed a LTF Ascending structure like and price just broke out of the structure, for us to make an entry we wait for price to show us more biasness by forming a LTF correction structure to downside