1 Structure 1/2 : bullish to sideways down 2 imbalances :target marked 3 Current Move 3: impulse 4 Entry TF : D1 4.1 ETF Structure: Bearish 4.2 move : Correction CIP 5 CIP 6 FIB: strong rejection at 50 almost done 7 candle Pattern: Up Momentum but not able to break resistance 8 Chart Pattern: Falling wedge REsistence 9 Volume : Very high on reversal 10 Momentum: Bearish to side ways 11 Volatility : Somewhere bullish 12 strength: curve bearish in bearish 13 Sentiment : weakest in commodities driven 14 Final conclusion: for refine your entry you also need to switch your tf in d1 to h4 15 Buy /Sell/Wait : Sell 16 Entry: 0.6225 17 Sl: 0.6255 18 Tp: 0.5856 19 Risk to reward Ratio: 1:17 Excepted Duration : 15days
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.