NICE CONFLUENCE TO SELL ON H4 D1 W1. POSSIBLE DOUBLE TOP H4.
I LIKE THIS TRADE AS IT HAS NICE CONFLUENCE AND INVALIDATION OF THIS TRADE IS A CLOSE ABOVE D1'S PIN. WHICH IS REALLY NEAR. PROVIDING REAL NICE RR. MIND YOU, INVALIDATION IS A CLOSE ABOVE D1'S PIN. DOESNT MATTER IF PRICE SPIKES ABOVE. AS LONG DOES NOT CLOSE ABOVE.
D1
W1
Commenti
PriceActionTrading
⋅
UPDATE 1 : CAD IS STRONG. NZD IS STRONG. THIS PAIR COULD BE WHIPSAWED AROUND UNTIL A CLEAR WINNER PRESENTS ITSELF.
FOR NOW. LOOK FOR BREAKOUT CONFIRMATION
PriceActionTrading
⋅
Spiked out @ BE. looking to see how it goes today before re entering.
P_Parker
⋅
I like that! I am short due to the D1 Pinbar.
Hope that Long legged Doji(?) turns the short term Uptrend down:
FOR NOW. LOOK FOR BREAKOUT CONFIRMATION