Several divergences have been confirmed and just like when price hit 420 and reversed to the downside, so will price reverse after hitting the same confluence up there.
Be patient, let the next H4 candle close, then you set your parameters.
If price continues it's bullish move to the confluence zone, you wait till buyers are exhausted before shorting price.
Be patient, let the next H4 candle close, then you set your parameters.
If price continues it's bullish move to the confluence zone, you wait till buyers are exhausted before shorting price.
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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.