market trend HW1
daily trend = bearish
4h = bearish
strategy = shorting?
time frame = 4h
signals:
1. buyer exhaustion
2. bearish engulfing
3. price consolidation
waiting for:
1. price breakout
2. morningstar to indicate potential reversal
would not enter the market just yet as there is uncertainty in the market, hence the sideways move.
4h = bearish
strategy = shorting?
time frame = 4h
signals:
1. buyer exhaustion
2. bearish engulfing
3. price consolidation
waiting for:
1. price breakout
2. morningstar to indicate potential reversal
would not enter the market just yet as there is uncertainty in the market, hence the sideways move.
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