At the moment price is consolidating after the drop we had yesterday. lets see if we will create a bearflag or an upwards channel. for now there is a short-term bullish play on the table.
Note
sorry risk reward tool is wrong it shifted without my notice should be 6330
Note
added a ichimoku indicator for some possible projection. Price is above the tekan at the moment possible c clamp to the kijun. what is also my target
Note
broke down the channel but 618 did hold a second time so I'm back to price action instead of patterns
Note
target remains the same
Note
15min to 1hr candle close might get a bull div
Note
If we go short-term into the orderblock and can not get pass it (50%)
Note
Bullish RSI divergence 4hr
Trade closed: target reached
First target met I'll post a new setup later this one is closed!
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.