Using the Daily timeframe signals, price is in a range. Nothing is setup yet. I will wait for Monday to close down. I want to see a bearish closing day down near the lows for the Low of Week reversal.



This is what I am waiting for and will have to see IF price will setup this way.
1. Creeping trend into the low
2. Daily closing bar into the low
If trade triggered, trade management will be 120 tick stop, 480 tick target for a 4 to 1.
This is what I am waiting for and will have to see IF price will setup this way.
1. Creeping trend into the low
2. Daily closing bar into the low
If trade triggered, trade management will be 120 tick stop, 480 tick target for a 4 to 1.
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Related publications
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.