4h Trend is bearisd, 1h Trend is bearish, give us2 potential sell :
1) Price reach last 1H demand, and make rejection candle , take sell with SL slightly above last high of rejection candle, TP on last 1h Low
2) Price break from support trendline/break from channel, better probability if wait price break 15m HL and retest (but have probability to not retest and miss the trade). SL slightly above rejection candle, TP on last 1h Demand
1) Price reach last 1H demand, and make rejection candle , take sell with SL slightly above last high of rejection candle, TP on last 1h Low
2) Price break from support trendline/break from channel, better probability if wait price break 15m HL and retest (but have probability to not retest and miss the trade). SL slightly above rejection candle, TP on last 1h Demand
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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.