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triangle pattern breakout big TF W D 4H all confluently downtrend structure

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Price now above 4H resistance zone Bull Flag pattern breakout Easy decision to take risk in this price

tofinse Updated 

All W D 4H 1H show clear down trend structure This is SNRC set up with Dow theory

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Big TF like D and W is clear downtrend structure 1.5 RR is ok to bet here

tofinse Updated 

If you check on 4H chart this point is middle of high volume marubozu green candle also price is on weekly VWAP line so this is fair price to risk

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Support become resistance SNRC1 setup 4H 1H show down trend structure so in my opinion this is good point to risk

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W and D is clear downtrend price is now on 4H supply zone good point to bet with 2:1 RR

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big time frame show clear downtrend support become resistance set up

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Resistance become Support low volume low momentum when price come back down to test

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4H 1H and m30 is all uptrend structure also TPO chart look like balace auction so this is good place to bet in my opinion

tofinse Updated 

price is now on demand zone key level with long tail pinbar to confirm

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4H demand zone is broke price under weekly VWAP good point to risk

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price is above daily demand zone On small time frame 1H break of structure m15 make double bottom

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Weekly chart still show clearly uptrend structure but daily chart already break of uptrend structure now price is below 4H and 1H supply zone i set wide SL above 4H supply zone small lot size but i like this trade you can take profit at 1H demand zone

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Weekly time frame made very long up candle continuity with no pull back yet Daily is made higher low On 4H timeframe price cannot make up trend continues (CSC) price is now below weekly resistance and 4H supply zone by price structure this is very good point to open short position

tofinse Updated 

Key level demand zone is broke 4H and 1H confluently down trend not so beautiful part of this set up is there are engulfing candle show below demand zone but i take risk with 2:1 RR

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all big chart structure like weekly and daily chart is clear downtrend 4H chart price structure cannot make clear uptrend continue structure (as you can see 4H HH not close clearly above previous high) Now price is below 4H supply zone so i risk by short position with 1.2 RR

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weekly demand zone is broke and become resistance zone daily is clear downtrend 4H chart cannot make continue structure also cannot make clear break of structure 4H candle bearish engulfing confirm this entry with SL above weekly zone