This idea has my interest at the moment because of the many High Value Indicators being shown. Below will notate all of the confirmations I am seeing.
1. Within Premium Area:
The Fibonacci tool is great for showcasing what prices are more favorable for sells/buys. Since this market is one I want to sell, I would want to price line to be anywhere above the 50%
2. Moving Averages:
Notice how all 3 moving averages (50,100,200) have recently crossed during a continuation and has now given a retracement/pullback to the moving averages. This is a potential sign that movements into lower prices could happen.
3. Lower Time Frame Confluence:
Its a bit harder to see from this timeframe but the is an SnD Model setup on the 5min timeframe showing me that there has been a transfer from buyers to sellers. This is the final confirmation for me within my 3 step system.
There are many more things that I see but these are the main ideas that I see.
1. Within Premium Area:
The Fibonacci tool is great for showcasing what prices are more favorable for sells/buys. Since this market is one I want to sell, I would want to price line to be anywhere above the 50%
2. Moving Averages:
Notice how all 3 moving averages (50,100,200) have recently crossed during a continuation and has now given a retracement/pullback to the moving averages. This is a potential sign that movements into lower prices could happen.
3. Lower Time Frame Confluence:
Its a bit harder to see from this timeframe but the is an SnD Model setup on the 5min timeframe showing me that there has been a transfer from buyers to sellers. This is the final confirmation for me within my 3 step system.
There are many more things that I see but these are the main ideas that I see.