Price tapped the previous HTF high in the form of a 3-touch structure before starting a bearish move with almost perfect sequence.
After the first impulsive move, the continuation structures became larger further into the run.
We are now trading through an AoI to the left, and price is forming a bigger continuation bear flag structure. Considering we are further in the run, I am looking for a clear confirmation to enter a short trade, preferably with 2x bearish H1 high-test candles on top of the structure or a H4 reversal candlestick pattern.
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*** **** *****
👉 The pairs I publish here are usually discussed in detail in my Weekly Forex Forecast (WFF) and are now showing further developments or price action worth mentioning.
Remember, technical analysis is subjective; develop your own approach. I use this format primarily to hold myself accountable and to share my personal market views.
⚠ Ensure you have your own risk management in place and always stick to your trading plan.
*** **** *****
After the first impulsive move, the continuation structures became larger further into the run.
We are now trading through an AoI to the left, and price is forming a bigger continuation bear flag structure. Considering we are further in the run, I am looking for a clear confirmation to enter a short trade, preferably with 2x bearish H1 high-test candles on top of the structure or a H4 reversal candlestick pattern.
*
**
*** **** *****
👉 The pairs I publish here are usually discussed in detail in my Weekly Forex Forecast (WFF) and are now showing further developments or price action worth mentioning.
Remember, technical analysis is subjective; develop your own approach. I use this format primarily to hold myself accountable and to share my personal market views.
⚠ Ensure you have your own risk management in place and always stick to your trading plan.
*** **** *****
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.
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.