Hello Guyz, Based on my research, I am projecting price to rise high, making new HH, after that, there would be bearish divergence followed by any reversal pattern like a rising wedge, H&S or a double top (most likely).
After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH.
Projected TP would be R:R 1:1
After that, it will break the HL and we can instant Buy (sell stop pending order) with a projected TP and Stoploss placed slightly above the HH.
Projected TP would be R:R 1:1
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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.