This is just a simple divergence. Wait for false break and enter.
It will look like an inverted head and shoulders on 4hr.
Don't confuse yourself with a textbook bear flag.
I have a pending order at 1.798 and a stop at 1.795
If you like this idea, please give this a thumbs up. If not let me know what you think.
Thank you and good luck.
It will look like an inverted head and shoulders on 4hr.
Don't confuse yourself with a textbook bear flag.
I have a pending order at 1.798 and a stop at 1.795
If you like this idea, please give this a thumbs up. If not let me know what you think.
Thank you and good luck.
Trade active
Trade closed: stop reached
Note
So the false break was actually right but it was 100pips. thats insane
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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.