Trading Timeframe: H4
Market Trend: Day. Downtrend
Position: Sell. Trend Trading
Strategy: Shark Pattern
RSI: Divergence + Confirmation candle near 57
Momentum: Buyer losing momentum after a strong push followed by a Doji candle
Entry Trigger: Doji + Engulfing + Has not broken the daily trend line
Market Trend: Day. Downtrend
Position: Sell. Trend Trading
Strategy: Shark Pattern
RSI: Divergence + Confirmation candle near 57
Momentum: Buyer losing momentum after a strong push followed by a Doji candle
Entry Trigger: Doji + Engulfing + Has not broken the daily trend line
Note
Hit TP1Trade closed: stop reached
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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.