CPR + Institutions Pressure + Choch create a potential short opportunity to take an instant trade
CPR Failure + Regular bearish divergence create short opportunity...
Caping of Price Trade setup is found. Besides regular bearish divergence added confluence.
1. Sell side liquidity has been cleared 2. Equal high and clear resistance level need to be manipulated 3. Trendline broke and retail sellers are in trap 4. Beautiful W pattern
Find some crucial confluence that strengthened the analysis: 1. Equal High 2. Liquidity 3. CPR 4. Fib Golden Ratio 5. Resistance 6. Qualified Supply Zone 7. IPA 8. Uptrend 9. Oversold 10. Bullish Hidden Divergence Let's see what happened.
1. Institutional candle which swept liquidity 2. Fib level 3. Imbalance
I think it's a down trend now because it has not break the previous LH. As it couldn't make new LL it's going up to seduce retail trader with trend-line break and resistance break to buy for liquidity. Searching for short opportunity.
Though hidden bullish divergence is found I hope it will be short near future...
Hi, I have found very powerful gartley pattern here. It's gonna be short sonn. What do you think...?