Normally at point 6 I would be looking for the failure and opening a short position. Despite the 30min strong close the next two 5min candles would have tricked you into still opening the short due to the bearish volume profile that was similar to the failure at point 4.
Read more at my blog
rucksack.medium.com
Read more at my blog
rucksack.medium.com
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.
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.