Hey trader, I hope you having a profitable week. If not, try this:
But first, let me explain how these trades will be triggered. If the price bearish bounces of the 1st 4H Key Lvl and 8 MA with a bullish reversal candle pattern (1st trade) then proceeds to bullish break and retest the 4H H&S Neckline and 2nd 4H Key Lvl (2nd & 3rd trade); according to the 4 hour: the price would be in prep to rally for the H&S L1 and 200 MA; and according to the daily: the price would be bouncing off the 21/8 MA’s with a bullish candle - in prep to rally for the double bottoms neckline and 50 MA, so once that happens, then I should BUY→ E.1 - E.2 - E.3
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
But first, let me explain how these trades will be triggered. If the price bearish bounces of the 1st 4H Key Lvl and 8 MA with a bullish reversal candle pattern (1st trade) then proceeds to bullish break and retest the 4H H&S Neckline and 2nd 4H Key Lvl (2nd & 3rd trade); according to the 4 hour: the price would be in prep to rally for the H&S L1 and 200 MA; and according to the daily: the price would be bouncing off the 21/8 MA’s with a bullish candle - in prep to rally for the double bottoms neckline and 50 MA, so once that happens, then I should BUY→ E.1 - E.2 - E.3
That's it for today. I hope you found value in this article. If you have a different concept in mind, feel free to share it in the comments section (below), I'd love to know your thoughts!
Stay Blessed Baby,
Sphatrades.
