This setup is in correlation with my longterm daily short view , watch in related idea and update .
Accumulation of :
-H4 Trend retest (Red)***
- Double downtrend (blue)
- Resistance zone
- Triple fibonacci level
- Bearish structure continuation
A safe way to trade is to wait for a retest of the red trend & a breakout of the current m15 bull trend .
Note
Note
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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.