hello traders. in this setup we have CHOCH in daily and a bearish candle closed under the last low in 4hr,so we have CHOCH in 4 too. now we wait for reason in smaller time frame to open short position. good luck. “”your follows and boosts encourage me to publish more analysis””
Expecting price to drop down to 0.88307, with confluences to the 0.618 fibonacci level, a strong resistance zone, and a downtrend movement, Always apply risk management
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions