wait for price action to stall and start falling.
Waiting for sellers to come in
Waiting for sellers to come in
Trade active:
-No trade yet as we didn't see price stall and sellers coming in. Price action is showing signs of stalling.
-Making a double top or possible a H&S patter on 1H
-Waiting for long bearish momentum candle to confirm bias...
-Making a double top or possible a H&S patter on 1H
-Waiting for long bearish momentum candle to confirm bias...
Order cancelled:
This trade was not taken as sellers price action didn't happen and sellers didn't come in. Posting an update to this idea at an even better entry
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