in the previous published analysis we can see in the 15 minute time frame a bullish engulfing sandwich. and in 1 hour time frame two strong bullish hammers or pin bars and a multiple of re-test of the 2nd trendline new.
and in this analysis, we spotted bearish divergence where somehow it's not going to go down instead it will take the price to move uptrend and the rsi will go down or making lower highs. indicators will accompany us. so an uptrend must not be broke up, staked to the rules in 1-hour showing uptrend with supertrend green as support for the trend. that is why we take a long trade. observe the other analysis for the coming hours and days and weeks. this is what I called it or should I say "let them come to you" or "let the trades come to you", do not chase trades when all these things happened. it's not because the bearish divergence showed up and we take short but we must aware that anytime after an uptrend move there will always be a downtrend. same as the bullish divergence. with trendlines, just as simple as that we can be so sure of that we are at the right trades. hope you will learn something from this simple analysis of mine.
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Disclaimer: This is not a piece of financial advice. "Plan your trade. Trade as per your own terms and conditions. Don't put all your eggs in one basket. An important tip is that, as you wait, you should not chase the trades, let them come to you." by: juliefa
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