The bearish countertrend is valid on H4.
Therefore, until the H4 impulse base is not taken back by the buyers, the long H1 countertrend broken may signal that another down wave is coming.
———
Stay Patient, Stay Disciplined!🏄🏼♂️
Your comments, questions, and support are greatly appreciated! 👊🏼
Therefore, until the H4 impulse base is not taken back by the buyers, the long H1 countertrend broken may signal that another down wave is coming.
———
Stay Patient, Stay Disciplined!🏄🏼♂️
Your comments, questions, and support are greatly appreciated! 👊🏼
Note
This up wave is quite steep, so the trigger line stayed there - it's the lowest clear breakout.
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
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.