Wait for a confirmation from 1H or 4H or even Daily. And the confirmation is a bearish candlestick pattern: Bearish Engulfing, Evening Star, Shooting Star, Bearish Railway Tracks, Spinning Top
Some criteria matching each other in one area:
- Trendline
- Fibonacci levels
- Previously worked resistance level
- Different timeframe EMA's
-* The gap: 80-90% of the time market fill those gaps. Currently, there is a gap after Monday's open which will be a slight indication that the market want's to go down.
-* The trend is your friend: currently we have nice short-term lower highs and lower lows
Feel free to support my effort by hitting the "LIKE", it is my only fee from You!
Best regards,
Vaido - Analysts for Swipex
Some criteria matching each other in one area:
- Trendline
- Fibonacci levels
- Previously worked resistance level
- Different timeframe EMA's
-* The gap: 80-90% of the time market fill those gaps. Currently, there is a gap after Monday's open which will be a slight indication that the market want's to go down.
-* The trend is your friend: currently we have nice short-term lower highs and lower lows
Feel free to support my effort by hitting the "LIKE", it is my only fee from You!
Best regards,
Vaido - Analysts for Swipex
Trade closed: target reached
Nicely into the target area!
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.