The Z [Testing New Strat]

13 Mar 2019

I could be possibly recognizing a new bearish pattern starting to form around resistance to come and find support. So here I start with a weekly timeframe showing it previously blew past its recent resistance and it halting somewhat on its new resistance that it had around July of last year. Last week had a bearish closing bar as you go in to lower timeframes you can start to find resistance. This "Z" has been found in the 1HR timeframe, with the top and bottom lines of the Z equal in length.

13 Mar 2019

Not

Daily Timeframe

13 Mar 2019

Not

4HR Timeframe

13 Mar 2019

Not

1HR Timeframe (found)