Day swing is bearish => Current is pullback.
The current price is in the Supply zone of the daily frame. So we can look for a selling opportunity if the CHoCH reversal signal is given on the time frame less than 15 minutes.
The current price is in the Supply zone of the daily frame. So we can look for a selling opportunity if the CHoCH reversal signal is given on the time frame less than 15 minutes.
Note
Price has broken down to the Swing strong bottom of the 4 hour time frameNote
Price drops and breaks through the Swing bottom of the 4-hour timeframe, thus the 4-hour timeframe turns bearish.Note
The price continued to fall and broke the low.Disclaimer
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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.