Just showinh reverses for those whom like to learn them
This pattern is found at the end of a trend or when one is.switching its direction mostly bearish
Sitting sellers that got trapped has been taken out with trendline as those would be swings
_-Price is ranged in an h4 channel break is to the upside as expected but wed like enterto on base (sl) and re-enter on break of trendline
Same applies for the traingle w1
1900 close below daily and weekly shall open up 1800/1780
Above 1975 shall go back to
1990/2000
1942 opens up to 1950
Bulls showed exhaustion just like gold did
This pattern is found at the end of a trend or when one is.switching its direction mostly bearish
Sitting sellers that got trapped has been taken out with trendline as those would be swings
_-Price is ranged in an h4 channel break is to the upside as expected but wed like enterto on base (sl) and re-enter on break of trendline
Same applies for the traingle w1
1900 close below daily and weekly shall open up 1800/1780
Above 1975 shall go back to
1990/2000
1942 opens up to 1950
Bulls showed exhaustion just like gold did
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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.
Related publications
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.