w; bearish trend line which got rejected from a very strong s/r
daily; bearish, the price is being rejected from a s/r, zone which acts as a previous structure
4h; bearish and its ranging, still need it to break bellow the s/r
the structure
and bellow 50/20ema's
then I can go to the 1h to look for an engulfing candle breaking below the structure and the zone and below the 200/14/5 ema
stops above the structure
tp next structure
sentimentally; 46% short which is good
daily; bearish, the price is being rejected from a s/r, zone which acts as a previous structure
4h; bearish and its ranging, still need it to break bellow the s/r
the structure
and bellow 50/20ema's
then I can go to the 1h to look for an engulfing candle breaking below the structure and the zone and below the 200/14/5 ema
stops above the structure
tp next structure
sentimentally; 46% short which is good
Trade closed: target reached
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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.