This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Price formed a H&S pattern last week on the Daily and broke the neck line! Last night it re-tested and now is a good set up for a short back down to support! Good luck!
Wait for price to re-test resistance in Bearish zone and look for a reversal pattern on a smaller time frame! Boom your in ride it half way back to the Bullish zone!
Price has confirmed support and has started making it's way back up to resistance! I saw this forming last week but missed the bottom but I still think it's a good buy today!
Good luck!
