Use this as a guide to develop your view of the chart.
Main items we can see on the 4hs chart:
-The price is inside an ascending channel
-On the Daily chart (image below) we can see that the price is close to a significant resistance zone + the Dynamic upper resistance of the ascending channel
-Currently, we can see an Inner bullish trendline inside the ascending channel, and it has been broken
-Now we will be waiting for a clear pullback, and ONLY IF THAT HAPPENS we will develop our setup, with an entry below the structure / stop above the Higher high/ and break-even before the first target
-The full movement we will trying to catch is going to be towards the second bearish target
Daily Chart:
Main items we can see on the 4hs chart:
-The price is inside an ascending channel
-On the Daily chart (image below) we can see that the price is close to a significant resistance zone + the Dynamic upper resistance of the ascending channel
-Currently, we can see an Inner bullish trendline inside the ascending channel, and it has been broken
-Now we will be waiting for a clear pullback, and ONLY IF THAT HAPPENS we will develop our setup, with an entry below the structure / stop above the Higher high/ and break-even before the first target
-The full movement we will trying to catch is going to be towards the second bearish target
Daily Chart:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.