Daily Trend : Bullish
4H Trend : Bearish
Trade Scenario 1:
Although EN is still Bullish in Daily but in 4H & 1H we spot 3 different things for consider that bear is controlling the market
1. Break the Trendline in 4H timeframe
2. Break the last LL and now forming LH
3. Reverse at 61.8% fibs level
4. Break minor Support in 1H
So we could jump to 1H timeframe to find an ideal entry area which is around 1.7000 which also become a support become resistance area.
Trade Scenario 2:
To take long position on EN we need to close above 1.7000 with bullish candle
4H Trend : Bearish
Trade Scenario 1:
Although EN is still Bullish in Daily but in 4H & 1H we spot 3 different things for consider that bear is controlling the market
1. Break the Trendline in 4H timeframe
2. Break the last LL and now forming LH
3. Reverse at 61.8% fibs level
4. Break minor Support in 1H
So we could jump to 1H timeframe to find an ideal entry area which is around 1.7000 which also become a support become resistance area.
Trade Scenario 2:
To take long position on EN we need to close above 1.7000 with bullish candle
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.