Monthly/Weekly - Channel Downtrend
Daily - Uptrend
4H - Uptrend (purple)
1H - Uptrend trend (lime)
Goal: Bearish Entry
-Wait for breakout/retest to confirm? (break lime trend first)
-New High and Low? Not yet - possible will appear
-MA crossover? Small timeframe shown crossover, big timeframe not yet
-Price Action's strength? Wait for strong reversal price action
-FIB to confirm? Not until next A and B to able see on Fib
No action yet until all meet the goal first!
Thumb up if you believe this will be good long bearish
Daily - Uptrend
4H - Uptrend (purple)
1H - Uptrend trend (lime)
Goal: Bearish Entry
-Wait for breakout/retest to confirm? (break lime trend first)
-New High and Low? Not yet - possible will appear
-MA crossover? Small timeframe shown crossover, big timeframe not yet
-Price Action's strength? Wait for strong reversal price action
-FIB to confirm? Not until next A and B to able see on Fib
No action yet until all meet the goal first!
Thumb up if you believe this will be good long bearish