Bearish breakout/False Breakout
Price previously did a false breakout above the previous 2 highs on the H4 chart. This confirms a bearish trend though we will set a sell limit for a better risk to reward trade. Have patience on this as rushing a short trade now might not be optimal for the RRR.
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.