Multi confluences trade setup. All confluences are listed below
H4/H2
Strong downtrend
H1
Price below trendline resistance
BoS (PWL)
Order Block
M30
ChoCh
Pullback inside H1 Order Block
69% chance for a new BoS by the downside
Trade
Entry at Market price
Stoploss above the Order Block
Take Profit at the break of the last structure
H4/H2
Strong downtrend
H1
Price below trendline resistance
BoS (PWL)
Order Block
M30
ChoCh
Pullback inside H1 Order Block
69% chance for a new BoS by the downside
Trade
Entry at Market price
Stoploss above the Order Block
Take Profit at the break of the last structure
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.