brendanwenzel

4-Hour Order Block Incoming for $ACH

Short
brendanwenzel Updated   
KUCOIN:ACHUSDT   Alchemy Pay / Tether
I've drawn out the pattern I'm watching for on the hourly chart to take my position.

Once price gets to the the block, I will short the first lower high on the hourly with the stop above the last high.
Comment:
It came so close the block and I was asleep during the reversal, so I missed the short entry. I will keep an eye on it for a run of that block.
Order cancelled:
It didn't reach my entry level and thus I'm cancelling the trade.

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.