Daily move to support area is my aim to catch. Daily closed with a bearish engulfing and since then there are sellers entering the market.
4H - Head and Shoulder - Market is at a support zone which is why I am keeping an eye on this timeframe which could go against our Trade but...
But looking at 1H we can see that market is on a bearish run and rejected the Resistance level, if it breaks the current support zone then we could look at a bearish move, otherwise closing the trade and wait for re-entry is what I would consider.
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4H - Head and Shoulder - Market is at a support zone which is why I am keeping an eye on this timeframe which could go against our Trade but...
But looking at 1H we can see that market is on a bearish run and rejected the Resistance level, if it breaks the current support zone then we could look at a bearish move, otherwise closing the trade and wait for re-entry is what I would consider.
Follow us for weekly Analysis and Setups
Not
1H finding a support. Can close the trade for now, will look for a re-entry.
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.