Currently, in lower timeframe tend to be uptrend but in higher timeframe it is clearly downtrend. So it is good chance to find some sell setup trade and now it has QML setup with various confluence factor. on the other hand, If QML zone can be engulfed, trend will be changed to be uptrend. However, before trading this zone, waiting for price approaching, liquidity or confirmation is important too.
.......... No PA No GO .......... Good luck :) ..........
.......... No PA No GO .......... Good luck :) ..........
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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.