So i have marked up nas and see a potential sell
on a 1 hr timeframe we are making lower lows which i have marked
on a 5m timeframe we are creating higher highs
im looking for a change of direction on the 5m to the downside
this is because on the 1hr we are in a downtrend
a break of this HL on a 5m will be entry
price has given a nice break and retest on a 1hr zone for confirmation
cheerz!
on a 1 hr timeframe we are making lower lows which i have marked
on a 5m timeframe we are creating higher highs
im looking for a change of direction on the 5m to the downside
this is because on the 1hr we are in a downtrend
a break of this HL on a 5m will be entry
price has given a nice break and retest on a 1hr zone for confirmation
cheerz!