my confluences of why I took this trade;
w; bearish
d; bearish
4; bullish
so for any short trade, I was looking for the price to break below the r/s zone and the structure lower low then go below the e50/20ema for a trend confirmation
then go to the 1h for an entry signal, basically a break of the zone with an engulfing candle and below the ema's.
I was only looking to short cus of the big trend.
w; bearish
d; bearish
4; bullish
so for any short trade, I was looking for the price to break below the r/s zone and the structure lower low then go below the e50/20ema for a trend confirmation
then go to the 1h for an entry signal, basically a break of the zone with an engulfing candle and below the ema's.
I was only looking to short cus of the big trend.
Trade closed: target reached
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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.