Has the downtrend changed?
Right now, price is at a confluence of f6 , day trendline and ED channel resistance.
A break means a new ERA but I am more bias for a short which is with trend but against momentum.
I will be waiting for a h1 channel setup for specific quantifying of SL and EP.
Right now this h1 setup is not fully formed yet.
Right now, price is at a confluence of f6 , day trendline and ED channel resistance.
A break means a new ERA but I am more bias for a short which is with trend but against momentum.
I will be waiting for a h1 channel setup for specific quantifying of SL and EP.
Right now this h1 setup is not fully formed yet.
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Related publications
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.