Writing it in live markets.
Weekly at resistance. Red small candles, clear rejections and a bearish hidden RSI divergence gives me a clear weak bias in the weekly.
Daily forms a Double Top pattern along with a weak Trendline break. Need a break below the support (Orange line) for swing short.
In 75 min. price can be seen breaking below the support (Green Line) clearly and there is a pullback to reject it which is a perfect long wick candle in the making.
In 15min also, a perfect red rejection of the support can be spotted (arrow).
For entry, I used the 5 min TF and waited for a break of Trendline to enter short by confirming that the pullback was over.
Weekly at resistance. Red small candles, clear rejections and a bearish hidden RSI divergence gives me a clear weak bias in the weekly.
Daily forms a Double Top pattern along with a weak Trendline break. Need a break below the support (Orange line) for swing short.
In 75 min. price can be seen breaking below the support (Green Line) clearly and there is a pullback to reject it which is a perfect long wick candle in the making.
In 15min also, a perfect red rejection of the support can be spotted (arrow).
For entry, I used the 5 min TF and waited for a break of Trendline to enter short by confirming that the pullback was over.
交易結束：達到停損點
Failure註釋
Price broke out. Will look for a swing trade now!
Chartered Accountant | Trader | Trainer
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Chartered Accountant | Trader | Trainer
| afzallokhandwala.com
| afzallokhandwala.com
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。