Timeframe: 4H
Trade Type: Sell
Entry Reason:
Entered short upon the flip of the 4-hour candle, showing rejection at the upward (green) trendline.
Price remains below the descending (red) trendline, signaling a potential continuation of bearish momentum.
Stop Loss:
Placed above the descending (red) trendline to account for dynamic protection against an upward breakout.
Take Profit:
Positioned at the lowest 4-hour resistance level before the visible gap, aiming for a key support target.
SL to Break-Even (BE):
Adjust stop loss to break-even at 1.05271, upon the break of the higher low.
Additional Notes:
Entry was made near a significant 4-hour resistance level, adding confluence for the bearish trade setup.
Price action and trendline interaction are being closely monitored to refine trade management.
Trade Type: Sell
Entry Reason:
Entered short upon the flip of the 4-hour candle, showing rejection at the upward (green) trendline.
Price remains below the descending (red) trendline, signaling a potential continuation of bearish momentum.
Stop Loss:
Placed above the descending (red) trendline to account for dynamic protection against an upward breakout.
Take Profit:
Positioned at the lowest 4-hour resistance level before the visible gap, aiming for a key support target.
SL to Break-Even (BE):
Adjust stop loss to break-even at 1.05271, upon the break of the higher low.
Additional Notes:
Entry was made near a significant 4-hour resistance level, adding confluence for the bearish trade setup.
Price action and trendline interaction are being closely monitored to refine trade management.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.