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Several Reasons for Short
1-Butterfly pattern on Daily.
2-BOS followed by down ward trendline .
3-Rejjection of 100 EMA .
4-Volume profile Rejection ( moving from VAH to VAL.
5-Rejection from 0.618 Fib level .
6-H&S break down retest and continuation.
7-Resistance broke + Retest.
8-Weekly resistance .
9-weekly Divergence.
10-weekly overbought.
Several Reasons for Short
1-Butterfly pattern on Daily.
2-BOS followed by down ward trendline .
3-Rejjection of 100 EMA .
4-Volume profile Rejection ( moving from VAH to VAL.
5-Rejection from 0.618 Fib level .
6-H&S break down retest and continuation.
7-Resistance broke + Retest.
8-Weekly resistance .
9-weekly Divergence.
10-weekly overbought.
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.