TOOK this yesterday using three indicators
- Rejection of 50 EMA, show by heavy bottom wick
- Overall trend on higher time frames show bearish trends
- Takes zone, tests and rejects
Was quite lucky with the engulfing wick.
Posting an idea for todays trade, not sure about taking it but will share anyway
- Rejection of 50 EMA, show by heavy bottom wick
- Overall trend on higher time frames show bearish trends
- Takes zone, tests and rejects
Was quite lucky with the engulfing wick.
Posting an idea for todays trade, not sure about taking it but will share anyway
Note
note i took this trade at 9:30 PM, with the heavy bottom ..
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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.