Currently LPT is forming HHs and HLs but on the 30mint time frame there is a strong Bearish Divergence and LPT could not break the previous HHs and forming Head and Shoulder pattern, so for the confirmation of the bearish trend we will wait for the break of the HLs and nick line then take a short entry.
Trade closed: target reached
both TPs hit.
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.