200% extension of HTF trendline breakout
Level coincides with nearest LVN after taking POC of consolidation
Triple tap reversal pattern lining up on hourly chart at 8500~
Counter trend trade so not high probability. Position size set accordingly.
Multiple high confluence trendlines intersecting
3 measured moves aligning
HTF HVN ledge
Liquidity gap below - price should at least begin consolidating if not outright bear market continuation
Trump scapegoat tweet for any stock market crash (twitter.com)
Nordea Bank says high risk this bounce is a bull trap (e-markets.nordea.com)
Conservative approach would be...