D1 - Price is moving inside a range and it still has room lower towards the bottom of the range.
H4 - We have a great sell zone formed by the two daily resistance levels and the 61.8% fibonacci expansion level of the cycle we have.
Currently the price has reached this sell zone, we may now look for possible sells with bearish evidences (candle stick patterns, false breaks, trend line breakout, etc... favoring the bearish view) towards the bottom of the daily range.
H4 - We have a great sell zone formed by the two daily resistance levels and the 61.8% fibonacci expansion level of the cycle we have.
Currently the price has reached this sell zone, we may now look for possible sells with bearish evidences (candle stick patterns, false breaks, trend line breakout, etc... favoring the bearish view) towards the bottom of the daily range.
Comment:
This sell setup moved exactly as per our plan and has provided us fantastic profits.