In the current market condition we are now on the high level
Confluence:
1. 3rd Touch of Daily Trend line
2. 3rd Touch of Ascending Channel
3. 1H Retrace
We are looking for a hover (Likely a bear flag) before we enter a sell position on the break
If the price will break impulsively & don't create a bear flag (Red Drawing) we are looking for a Continuation Pattern to enter
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
Confluence:
1. 3rd Touch of Daily Trend line
2. 3rd Touch of Ascending Channel
3. 1H Retrace
We are looking for a hover (Likely a bear flag) before we enter a sell position on the break
If the price will break impulsively & don't create a bear flag (Red Drawing) we are looking for a Continuation Pattern to enter
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
コメント:
Sell Entry
コメント:
Bear Flag Pattern
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Forecast Update
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Sell Setup #1:
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Sell Setup #2:
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Forecast Update: We are looking for more clarity before going short