On daily timeframe, we can see a support with two touchs, trend has down and now in congestion.
The congestion is triangle pattern
For more detail, zoom in 4h
Zoom in 1 hour, price has make lower high, break e leg trendline then make lower low, together indicate trend has change to down and trigger entry
Set target at bottom support, use 1h timeframe to trail stoploss.
Or for more secure, wait for price break below d point then entry
The congestion is triangle pattern
For more detail, zoom in 4h
Zoom in 1 hour, price has make lower high, break e leg trendline then make lower low, together indicate trend has change to down and trigger entry
Set target at bottom support, use 1h timeframe to trail stoploss.
Or for more secure, wait for price break below d point then entry
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.