Obvious M pattern is in the making

61
It's obvious that we are in the middle of making M pattern. The signal for the entry is that when the price reaches resistance lvl marked by the orange line, the trend shifts from bullish to the bearish trend, using as confirmations MOVING AVERAGE AND MACD or other indicators on the 4h time frame.

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.