Daily and H4 Charts: Bearish
M30: Re-entry opportunity
Sell conditions:
1) Chikou span just crossed the kumo
2) Price < kumo
3) Bearish TK cross
4) Bearish kumo twist
5) Price < 200 EMA which points slightly downwards
Main concern:
a) A few candlesticks ago, there is a bearish spinning top with a very long wick.
b) Although Chikou Span is 'free' in open space, the long wick may hinder Chikou span's movement.
M30: Re-entry opportunity
Sell conditions:
1) Chikou span just crossed the kumo
2) Price < kumo
3) Bearish TK cross
4) Bearish kumo twist
5) Price < 200 EMA which points slightly downwards
Main concern:
a) A few candlesticks ago, there is a bearish spinning top with a very long wick.
b) Although Chikou Span is 'free' in open space, the long wick may hinder Chikou span's movement.
Trade closed: stop reached
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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.
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.