D1 chart:
- Price has reached a pretty strong resistance level.
-Price created a bearish engulfing candle at resistance level.
-followed by bearish pin-bar.
H4 Chart:
- ranging market at resistance level, stop hunt then sharp move down which could be signalling a change in market direction.
-Diagonal support creating 3 touches broken.
-Sell breakout + confirmation candle
- Price created a last kiss ( retested broken support as resistance ) with a bearish pin-bar also being a good sell entry signal.
- Price has reached a pretty strong resistance level.
-Price created a bearish engulfing candle at resistance level.
-followed by bearish pin-bar.
H4 Chart:
- ranging market at resistance level, stop hunt then sharp move down which could be signalling a change in market direction.
-Diagonal support creating 3 touches broken.
-Sell breakout + confirmation candle
- Price created a last kiss ( retested broken support as resistance ) with a bearish pin-bar also being a good sell entry signal.