H1 time frame.
Structure: Downtrend.
After the price broke the Key level at 59000, there was a move to retest.
With the current retest zone, the price has formed a triple top reversal pattern and a divergence signal appeared.
Wait for the confirmation signal, then you can find an opportunity to enter a sell order.
The profit target is the 51000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Downtrend.
After the price broke the Key level at 59000, there was a move to retest.
With the current retest zone, the price has formed a triple top reversal pattern and a divergence signal appeared.
Wait for the confirmation signal, then you can find an opportunity to enter a sell order.
The profit target is the 51000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.
Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.