Price Is An Area Of Confluence. Daily Falling Trendline. Key Resistance Level. Price is Struggling To Reach Resistance Level With Multiple Candlesticks Rejection. We Have H4 Rising Trendline If Price Breaks It Triggers Our Short Position. If Price Rallies And Breaks Resistance Level And Trendline It Triggers Buy Positions.
Price is currently in a tight trading range since we do not know the direction of the Breakout instead of predicting the direction of the Break Out we React once price breaks out and trade the direction of the Break Out
Counter Trend Setup Key Weekly Level Candlestick (Hanging Man) Rejection At Key Level Volume Validated Price At Key Level Double Top in D1 Timeframe Entry Trendline Break in H4