A quick short on the 4hr down to the 0.618 fib or prior structure / fractal. Looks to be forming an evening star pattern. Not advice.
Note
Trade closed: stop reached
Note
Got this one wrong! Remember: TREND IS YOUR FRIEND! Don't fight momentum. Another lesson I just learnt.Note
Use candlestick patterns to trade in the direction of the underlying trend not against it.
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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.