H4 - We may expect the price to move higher and respect the downtrend line and then a bearish reversal to happen. We also have Hidden bearish divergence.
H1 - Once a bearish reversal happens we can then go short with the breakout of the uptrend line.
Note: In order for this setup to be valid we want the H4 downtrend line to hold (false breaks are accepted).
H1 - Once a bearish reversal happens we can then go short with the breakout of the uptrend line.
Note: In order for this setup to be valid we want the H4 downtrend line to hold (false breaks are accepted).