Confluence: Have a Look below as I start from 5 Minute to weekly
Enter sniper entry on 5 minutes as Lower High came back to test previous higher low and didn't break above
15 Minute Price action bearish 38% Retrace
30 minutes bearish at previous level of resistance that was newfound support earlier today. We had a break and retest of 33705
1 Hour same thing -0 38% retrace ( heavy confluence )
4 Hour stuck in 500 pip range box - Double top pattern
Daily heavy exhaustion on previous candle with a close lower then the previous.
Weekly, Heavy resistance on 33523 - could be start of double top
Entry short - 33694
SL- 33752
33354 TP
Enter sniper entry on 5 minutes as Lower High came back to test previous higher low and didn't break above
15 Minute Price action bearish 38% Retrace
30 minutes bearish at previous level of resistance that was newfound support earlier today. We had a break and retest of 33705
1 Hour same thing -0 38% retrace ( heavy confluence )
4 Hour stuck in 500 pip range box - Double top pattern
Daily heavy exhaustion on previous candle with a close lower then the previous.
Weekly, Heavy resistance on 33523 - could be start of double top
Entry short - 33694
SL- 33752
33354 TP
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