as price showed a signs of bearishness (1H CHOCH)
short ideas as following:
- the price managed to form a bearish flag. Therefore, what I want to see is breaking down the flag with 1H body candle close + Retest the lower trend line (on lower TF like 5M or 15M)
- will enter the trade if getting a strong BOS targeting the lower bullish OB
- If the price breaks up the flag, what I want to see after visiting the upper bearish OB is 1H body candle close below the bearish OB + Retest OB level on lower TF (5M or 15M) and will enter the trade after forming a strong lower TF choch targeting the lower bullish OB
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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.