H&S 4HR, Price violated previous HL and created LH to LL indicating the market is in a bearish environment.
There was a liquidity pool to left which was filled last week, price broke above retail "resistance" taking the stops and now there is a high probability that price will move to the downside.
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There was a liquidity pool to left which was filled last week, price broke above retail "resistance" taking the stops and now there is a high probability that price will move to the downside.
Follow me for more trade ideas
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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.