Trading Timeframe: H4
Market Trend: Day. Downtrend
Position: Sell. Trend Trading
Strategy: Shark Pattern
RSI: Divergence + Confirmation candle near @57
Momentum: Buyer losing momentum after a strong push followed by a Doji candle
Entry Trigger: Doji + Engulfing + Has not broken the daily trend line
Market Trend: Day. Downtrend
Position: Sell. Trend Trading
Strategy: Shark Pattern
RSI: Divergence + Confirmation candle near @57
Momentum: Buyer losing momentum after a strong push followed by a Doji candle
Entry Trigger: Doji + Engulfing + Has not broken the daily trend line
Comment:
Hit TP1
Trade closed: stop reached