REASONS: -Monthly Timeframe Candlestick shows Buyer exhaustion with a wick on top of this months candlestick , which is also bearish -Monthly Timeframe Candlestick shows price in a consolidation zone between 1.85000 and 1.764000 -Weekly Timeframe Candlesticks also show buyer exhaustion with the last two weeks of candlesticks being wicks at the top of the candles -Daily Timeframe Candlesticks show that price created a lower low , breaking the uptrend it was in -4HR Timeframe shows that price retraced to the 38.2% level and that retracement was also at an area that was previously a strong support , now strong resistance. (1.81555) -Lower Timeframe correlates with higher timeframes
My Purpose: I am executing projections and trades that create generational wealth for myself and others.
Sidenote: Always optimize. Your phones and PS4s update themselves , make sure you do that with your life! Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
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.