This is a hedge position!
Monthly:
- On the black horizantal line, we can see a nice resistance level
- I don't want the red line to get tapped first
Weekly:
- We failed to break the structure to the left
- Market will search for extra liquidity to the downside (before going up again)
Daily:
- Rejecting the Daily Highs (Short term bearish momentum can kick in)
- Aligning with a nice region
4H:
- Subtle H&S Pattern
Monthly:
- On the black horizantal line, we can see a nice resistance level
- I don't want the red line to get tapped first
Weekly:
- We failed to break the structure to the left
- Market will search for extra liquidity to the downside (before going up again)
Daily:
- Rejecting the Daily Highs (Short term bearish momentum can kick in)
- Aligning with a nice region
4H:
- Subtle H&S Pattern
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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.
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.