From the higher time frame (w1 and 1M), price made a lower low. If that’s the case, the previous bullish move would be considered a pullback to create a lower high.
Other bearish confluences
1. Choch at supply level
2. Inducement
N/B: market works in fractals.
And of course if this analysis lines up with ur bias, it will require so much discipline and patience to let it play out…
Feel free to send a DM if my analysis matches ur bias. Let’s ride her religiously
Other bearish confluences
1. Choch at supply level
2. Inducement
N/B: market works in fractals.
And of course if this analysis lines up with ur bias, it will require so much discipline and patience to let it play out…
Feel free to send a DM if my analysis matches ur bias. Let’s ride her religiously
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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.
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.