Feb 5, 2024
Buy to -27% / zone at 188.398
Confluences:
B&R trendline
divergence
-27% on counter trend
wait for b&r current zone around 187.258 OR B&R
OR B&R at trendline at 187.356
Confluences:
B&R trendline
divergence
-27% on counter trend
wait for b&r current zone around 187.258 OR B&R
OR B&R at trendline at 187.356
Note
Sell indications noticed and entry stipulations not met, thus buy not executed.The steeper trendline from the beginning of structure at 185.510 had a break & retest to the downside at 187.421 and then price broke below the zone at 187.109 to then retest at 187.487,
Sell confluences:
1. B&R to downside of both trendlines
2. price retested counter trendline as resistance
3. price did not pass high at 187.519
Sell was not executed either but what a beautiful trade!
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