Over 60% Chance for a downside movement
Multi confluences trade setup. All confluences are listed below
H4/H2
Strong downtrend
H1
Price below trendline resistance
BoS (PWL)
Order Block
M30
ChoCh
Pullback inside H1 Order Block
69% chance for a new BoS by the downside
Trade
Entry at Market price
Stoploss above the Order Block
Take Profit at the break of the last structure
H4/H2
Strong downtrend
H1
Price below trendline resistance
BoS (PWL)
Order Block
M30
ChoCh
Pullback inside H1 Order Block
69% chance for a new BoS by the downside
Trade
Entry at Market price
Stoploss above the Order Block
Take Profit at the break of the last structure
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