Whilst I'm bearish on this rally for now, this setup triggered, expecting to see flat price action or follow through in the next 2-3 candles (4h), otherwise if we see supply here (market can't hold the level, price rejection) then this is a failure signal so I will close the trade and wait for more information as to whether we are now 1. at a larger swing point or 2. just making a larger, choppy pull back.
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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.