Price tried to breakout of double top resistance and make higher highs. Breakout failed and is creating a bearish candle pattern.
Sell Stops are listed
Take Profit is listed
Macd is currently in a buy position being above the 0 level line.
Bullish Continuation Trend failed
Possibly will make Macd fall below 0 level line
Macd will be my stop loss if below 0 level line
If Macd goes above 0 level close out sell trades
If Macd is below 0 level confirmation of sell trades.
Sell Stops are listed
Take Profit is listed
Macd is currently in a buy position being above the 0 level line.
Bullish Continuation Trend failed
Possibly will make Macd fall below 0 level line
Macd will be my stop loss if below 0 level line
If Macd goes above 0 level close out sell trades
If Macd is below 0 level confirmation of sell trades.
Note
Pair made a fourth attempt to breakout top resistance level and failed.Note
New E/A 4H Trade Setup
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.