This looks very similar to the EURJPY trade i posted. I will share a link in the comments.
So we have divergence on H4. What you want to do is wait for the false break on the h4 and then as soon as you see a 4hr candle close above the false break line, go long.
If i don't see a false break, i wont be taking the trade
Thank you and all the best.
So we have divergence on H4. What you want to do is wait for the false break on the h4 and then as soon as you see a 4hr candle close above the false break line, go long.
If i don't see a false break, i wont be taking the trade
Thank you and all the best.
Note
Note
Now monitoring for a false break to go long
Note
Looks like we will be getting a head and shoulders instead
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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.