The two Order blocks both broke structures and changed character (CHoCH) showing great selling sign. so the trade is precisely taken at that OB above because it began the break of structures to the downside with a more clear OB which immeidately increase in volume to the downside
OANDA:USDCAD Reason for choosing Bearish Bias It has reached the daily and weekly Resistance It's shown bearish divergence on the RSI since it shifted trend with a golden cross to the upside to reach the range resistance(Daily and weekly time frames) Price Action pattern showed weakness as it rose with high volume candles that don’t increase the price in...
We analyze how dodge is hitting its major trendline on the Daily Time Frame We see its bullish signs We try to look for a possible long entry
If you are trading signals you're not even sure of just because of the bullish hype, I'm sure you know of the risk of not doing proper TA. Become a patient trader and try long term swings. Here is the HNTUSDT Chart showing how it tried to push the price upwards at the start of January and once price action went above the 50EMA, it has never looked back, price...