GJ Sells Outside of London Session
Bearish Engulfing at 1H Resistance on the 5 Minute Chart.
Downtrend Trendline Drawn on both the 1H and 5 Minute Charts.
Rejections of 4 H Resistance at 165.937 is observed on both the 5 minute and 1Hour Chart.
Also to Highlight that 4H Chart Is Also Rejecting The Resistance Zones.
Issues: There is a noticeable Support zone on the 1H chart that could possibly push price up.
My Reason Backing This Sell: The market rejects 4H Resistance on the 4H , 15 M, 1H and 5 M timeframes which gives me enough confluence along with the Bearish Trendlines.
And to Note that the 4H Resistance is a much Stronger level than the 1H Support
Downtrend Trendline Drawn on both the 1H and 5 Minute Charts.
Rejections of 4 H Resistance at 165.937 is observed on both the 5 minute and 1Hour Chart.
Also to Highlight that 4H Chart Is Also Rejecting The Resistance Zones.
Issues: There is a noticeable Support zone on the 1H chart that could possibly push price up.
My Reason Backing This Sell: The market rejects 4H Resistance on the 4H , 15 M, 1H and 5 M timeframes which gives me enough confluence along with the Bearish Trendlines.
And to Note that the 4H Resistance is a much Stronger level than the 1H Support
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.