W1 Chart:
-Price has reached its resistance zone( we will be looking for possible sell positions at this zone )
-Price hasn't been higher than this zone since 2015.
D1 Chart:
-Price is forming a rising wedge.
-Diagonal resistance is creating 3rd bounce off the resistance line.
-Price created a bearish pin bar at diagonal resistance which is a strong shorting signal.
H4 Chart:
-Price created a bearish pin-bar entry signal followed by a bearish confirmation candle.
all these elements of confluence give us a good idea of a possible short opportunity with this pair.
-Price has reached its resistance zone( we will be looking for possible sell positions at this zone )
-Price hasn't been higher than this zone since 2015.
D1 Chart:
-Price is forming a rising wedge.
-Diagonal resistance is creating 3rd bounce off the resistance line.
-Price created a bearish pin bar at diagonal resistance which is a strong shorting signal.
H4 Chart:
-Price created a bearish pin-bar entry signal followed by a bearish confirmation candle.
all these elements of confluence give us a good idea of a possible short opportunity with this pair.
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.