Use this as a guide to develop your own setup
Main items we can see on the 4HS chart:
a)Currently, the price is on a corrective structure (Flag Pattern)
b)Flag Patterns are considered continuation structures
c)The Only level that remains as a solid Support zone is the current one
d)We will be waiting for a breakout of the structure, and then a small correction below the Flag Pattern
e)If that happens we will trade the breakout of the small correction (Green and red arrows)
f)If this scenario goes as expected, we have a really interesting Downside potential.
Daily Analysis:
Main items we can see on the 4HS chart:
a)Currently, the price is on a corrective structure (Flag Pattern)
b)Flag Patterns are considered continuation structures
c)The Only level that remains as a solid Support zone is the current one
d)We will be waiting for a breakout of the structure, and then a small correction below the Flag Pattern
e)If that happens we will trade the breakout of the small correction (Green and red arrows)
f)If this scenario goes as expected, we have a really interesting Downside potential.
Daily Analysis:
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.