It is moving in a short-term ascending channel in time H4, and in the middle of the channel, after forming a DOUBLE TOP, it has also formed a diamond pattern, which with the failure of this concentration, it can have a downward trend as high as its height. Therefore, in the area of the red bar, you can enter a sell position by confirming one or more candles.
Note
AND NOWNote
Wait for the rejection candle in the red box area for a sell position.Note
RISK FREENote
Scalp Position...Note
✅FULL TPMore Than 40% Profit.
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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.