Hello traders,
Let me make is simple on this 4H chart.
Price took a week to rise up to the pressure zone 1.05-1.06 with 5 waves . You can say it is not easy for it.
With strong possible bearish signal on 4h chart, that the final candle will finish in 2 hrs, you can say that sideways price action inside the circle is going to finish with a bearish candle which will make all those small body candles into a complicated evening star signal.
So make sure you plan can make a entry by those candle and a possible trade with RR>3 WILL BE YOURS.
GOOD LUCK ON THIS SELLING PLAN.
LESS IS MORE!
Let me make is simple on this 4H chart.
Price took a week to rise up to the pressure zone 1.05-1.06 with 5 waves . You can say it is not easy for it.
With strong possible bearish signal on 4h chart, that the final candle will finish in 2 hrs, you can say that sideways price action inside the circle is going to finish with a bearish candle which will make all those small body candles into a complicated evening star signal.
So make sure you plan can make a entry by those candle and a possible trade with RR>3 WILL BE YOURS.
GOOD LUCK ON THIS SELLING PLAN.
LESS IS MORE!
