US30_High Probability Continuation Shorts
Based on the DTF Structure, and the Identification of a DTF H&S, there is a High Probability of the Continuation Shorts in the Long-Term.
With the WTF Ranged in nature, and the CHOCH and 2 Candlestick Pullback, for the DTF H&S Candlestick Pattern to complete, PA would need to retest the DTF Swing Range Low and retest current Support as Resistance. Please note that with every CHOCH, a Pullback is almost always on the cards. This is evident in every Timeframe.
The DTF and H4 being Bearish in structure, and of a 15m H&S (H4_CHOCH) in all likelihood, PA will continue creating LL/LH's
Alternatively, in the event the H4 changes back to Bullish Structure, by breaking the last H4 LH (H4_CHOCH), it could push for another LH on the DTF and continue to the downside, if not, break DTF_CHOCH, Pullback to create an HL and continue to continue to the upside
With the WTF Ranged in nature, and the CHOCH and 2 Candlestick Pullback, for the DTF H&S Candlestick Pattern to complete, PA would need to retest the DTF Swing Range Low and retest current Support as Resistance. Please note that with every CHOCH, a Pullback is almost always on the cards. This is evident in every Timeframe.
The DTF and H4 being Bearish in structure, and of a 15m H&S (H4_CHOCH) in all likelihood, PA will continue creating LL/LH's
Alternatively, in the event the H4 changes back to Bullish Structure, by breaking the last H4 LH (H4_CHOCH), it could push for another LH on the DTF and continue to the downside, if not, break DTF_CHOCH, Pullback to create an HL and continue to continue to the upside
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.