SETUP 1: Resistance(Top of the channel)
Entry: Bear confirmation candle.
Might see price move up first creating a double top before pushing back down.
SETUP 2: Support, Trendline.
Entry: Bullish Confirmation candle.
If price moves down, this is the setup I'm looking to take.
Note: Confirmation candles may print on the 15min chart during periods of high volatility.
Entry: Bear confirmation candle.
Might see price move up first creating a double top before pushing back down.
SETUP 2: Support, Trendline.
Entry: Bullish Confirmation candle.
If price moves down, this is the setup I'm looking to take.
Note: Confirmation candles may print on the 15min chart during periods of high volatility.
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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.