jhern-0707

jhern-0707

Looking for shorts due to exhaustion for the bulls Reaching 61.8 Fibonacci And small double top on 15 min chart

jhern-0707

Daily- uptrend exhaustion 4hr- Potential double Top, Failure to close above this expecting downside movement. 1hr- lots of open space, inner channel, Expecting to execute on 1 hr with 1:3+RR

jhern-0707

I began to identify that we weren't creating any new highs.

jhern-0707

Reason for longs is we are failing to break lower lows. We are also seeing a pretty strong trend line as well with multiple rejections.

jhern-0707

Looking for longs are enticing due to a wick that needs to be filled.