Overall bearish market structure in the higher time frames
- High wicks exhausting the buyers ( sellers stepping in? )
- RSI crossing over ( potential for a market direction change )
- Testing Supply zone but failing to break through
- Tested Major Fib levels and currently consolidation and unable to break through
- Currently in the 30 minute time frame is this the retracement to then fall towards the downsides
- Stop Loss is placed from the ATR number which was 32.
- Take Profit at next demand zone
Any questions or wanting to follow more of my trades, don't hesitate to drop me a message
- High wicks exhausting the buyers ( sellers stepping in? )
- RSI crossing over ( potential for a market direction change )
- Testing Supply zone but failing to break through
- Tested Major Fib levels and currently consolidation and unable to break through
- Currently in the 30 minute time frame is this the retracement to then fall towards the downsides
- Stop Loss is placed from the ATR number which was 32.
- Take Profit at next demand zone
Any questions or wanting to follow more of my trades, don't hesitate to drop me a message
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.
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.