Market at a daily support so look out for that too.
Waiting for 4 hour bearish candle close (Double top pattern).
1:Market in overall bearish trend.
2:Market Respecting Fibs Level.
3:Weak bullish momentum at previous level of structure.
4:Moving Average above the price, showing strong bearish momentum.
5:Price at L.H point.
RR:1:3.
Keep managing your trade.
Notes:
:Simplicity is a way to win.
:Trade at your own risk, wait for conformations on smaller time frames or whatever your approach is of conformation.
:It is all about probabilities.
:Look for News.
:Ideas for educational purpose only.
:Follow for more Ideas.
If any quire Comment on send me direct Message.
Waiting for 4 hour bearish candle close (Double top pattern).
1:Market in overall bearish trend.
2:Market Respecting Fibs Level.
3:Weak bullish momentum at previous level of structure.
4:Moving Average above the price, showing strong bearish momentum.
5:Price at L.H point.
RR:1:3.
Keep managing your trade.
Notes:
:Simplicity is a way to win.
:Trade at your own risk, wait for conformations on smaller time frames or whatever your approach is of conformation.
:It is all about probabilities.
:Look for News.
:Ideas for educational purpose only.
:Follow for more Ideas.
If any quire Comment on send me direct Message.