*INVERTED CHART* Waiting for price to reach KL Price is moving within a structure and is at the 3rd touch region now. As per my backtested data, The balance between supply & demand has a chance of shifting at these levels. WAITING FOR A BIAS CONFIRMING SIGNAL.
Waiting for clear candlestick confirmation at desired level to indicate shift of momentum
Levels to be looking for entry 1. 3rd Test of the structure boundary Entry Signals to looks for 1. Engulfing (after price breaks the above mentioned level and reverses) 2. Pin-bar (after price breaks the above mentioned level and reverses)
Levels to be looking for entry 1. Double-top within structure 2. 3rd Test of the structure boundary Entry Signals to looks for 1. Engulfing (after price breaks the above mentioned level and reverses) 2. Pin-bar (after price breaks the above mentioned level and reverses)
Waiting for price to test his level and reverse to take a short position
Setup - 3-Touch ascending strcuture Entry Signal - 3HR Pin-Bar