QM downtrend continuation spotted confluenced with trendline and Entry Zone (3rd Drive) in line with DBD right below 2nd Drive.
Note that a Bullish EG candlestick was spotted at higher timeframe.
Note that a Bullish EG candlestick was spotted at higher timeframe.
Note
CLAB = Confirmation Like a Boss.Its a form of QMC + Trendline as confluence (Icing of the cake)
Note
QMC = QM continuation (uptrend or Downtrend depending on market structure)Note
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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.