- Weekly chart - Price reached an ATH on the weekly and closed below the major resistance with upward wick rejections - Signal for a downtrend for the new week
- Daily chart - The Last two daily closes (Thurs & Fri) were an inverse bearish pin bar and a weak bullish candle with upward wick rejections
- H4 Chart - Consolidating at the major resistance, but last highs were LHs and LLs
- H1 Chart - Consolidating at the major resistance, but last highs were LHs and LLs
Entry for sells would be break out of the consolidation on H4 and retest on lower Tfs - H1, M30 and M15
- Daily chart - The Last two daily closes (Thurs & Fri) were an inverse bearish pin bar and a weak bullish candle with upward wick rejections
- H4 Chart - Consolidating at the major resistance, but last highs were LHs and LLs
- H1 Chart - Consolidating at the major resistance, but last highs were LHs and LLs
Entry for sells would be break out of the consolidation on H4 and retest on lower Tfs - H1, M30 and M15
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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.