waiting for the wave b to finish then imma go bearish
4h confluences
looking for rejections on 0.5 fib level matched with support and resistance zone
a divergence between wave A/C of B
lose of momentum
price action rejection
a spike to the downside indicating the power of the bears
1h
break of structure
15m
ema's crossover and enter
stop lose=
above previous structure
take profit =
either previous low or 100fib EXTENTION of wave A/B
always manage ur risk to reward
think of probabilities
4h confluences
looking for rejections on 0.5 fib level matched with support and resistance zone
a divergence between wave A/C of B
lose of momentum
price action rejection
a spike to the downside indicating the power of the bears
1h
break of structure
15m
ema's crossover and enter
stop lose=
above previous structure
take profit =
either previous low or 100fib EXTENTION of wave A/B
always manage ur risk to reward
think of probabilities
Trade active
Trade closed: target reached
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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.