Hours Timeframes are all showing Bearish signals.
4H - Break and retest of the trendline. base on the location of the market i believe we could find a good setup on both 1H and 30m
1H - Market on downtrend forming a LH. we have a bearish engulfing at LH. better on waiting for another hour to see how the next candles will do to get more confirmation for a entry.
Note to consider: Daily closed with a long wick which giving a sign of some buyers coming to the market.
We do have good setup for our entry based on 1H. but try to keeping an eye if the market broke the resistance then close the trade by cutting loses short.
4H - Break and retest of the trendline. base on the location of the market i believe we could find a good setup on both 1H and 30m
1H - Market on downtrend forming a LH. we have a bearish engulfing at LH. better on waiting for another hour to see how the next candles will do to get more confirmation for a entry.
Note to consider: Daily closed with a long wick which giving a sign of some buyers coming to the market.
We do have good setup for our entry based on 1H. but try to keeping an eye if the market broke the resistance then close the trade by cutting loses short.
ノート
If the next candle doesn't close an engulfing on 4H, i will close the trade manually.ノート
Market did play out on our long term bias. as mentioned above, sometimes market fakes the bull run and ten comes back into the previous trend like above.
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。