Some informations to look during the downtrend

Hi traders. I'm showing to you some informations to look during the downtrend as a variant setup w/ other nice indicators to seeking confluences. As you can see on this chart the VWMA (volume weighted moving average) is a strong indicator to look for in an expectation to lower lows. A profitable intraday in the next expected H4 bearish momentum can be marked with a strong price action confluence between a bearish candlestick pattern and a Chaikin Money Flow dip (more strongly persuasive signal that CCI and Chaikin Oscillator in short term).

Yorum: