Daily Timeframe We have an uptrend in place but price is currently consolidating. We also have a 3rd touch sell setup on a downward trendline that contradicts the uptrend.
4Hour Timeframe Uptrend in place. We have a third touch buy setup that occurred on the uptrend trendline.
1Hour Timeframe We have a downtrend on this timeframe. Since we are in a downtrend and have a downtrend trendline, I'm anticipating a 4th touch sell setup on the downtrend trendline.
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