Why short?
First, the uptrend on the higher timeframe (4h-1d) has showing a weakness by breaking a previous higher low.
Second, the price now has reached the strong supply zone from a CHoCH (Change of Character) structure.
Third, There is an imbalance of a candlestick at price 1785.07-1786.10 on 4H timeframe that must to be filled.
Fourth, RSI on the high point.
Fifth, Got a bearish RSI divergence from a previous higher low.
These five reasons is enough for me to execute.
Thank me later and always #DYOR (Do Your Own Research) :)
First, the uptrend on the higher timeframe (4h-1d) has showing a weakness by breaking a previous higher low.
Second, the price now has reached the strong supply zone from a CHoCH (Change of Character) structure.
Third, There is an imbalance of a candlestick at price 1785.07-1786.10 on 4H timeframe that must to be filled.
Fourth, RSI on the high point.
Fifth, Got a bearish RSI divergence from a previous higher low.
These five reasons is enough for me to execute.
Thank me later and always #DYOR (Do Your Own Research) :)
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.