Disliked{quote} Do I misunderstand something? If the green cross red after the setup candle is close, I can enter a sell or buy at that time... no? How do you know the setup bar may occur pullback or doji or more reverse direction or something in 4 hours (it's a very long time)? I always check the price close. Anyway, this trade failed.. not consolidation, no resistance/support, no small, big candle.. Finally, I exited -40 pips. (initial SL -90 pips)Ignored
However, has the uptrend ended so that this is a new downtrend starting? If you say "yes", how do you know that?
I say there is NO CONFIRMATION on H4 of that uptrend having ended, therefore, no reason to be looking for sell setups.
That being said, if you want to TRY to find some evidence of the H4 uptrend ending (or not), you can ONLY find it on smaller TFs. DIRECTION CHANGE COMES FROM BOTTOM UP, NOT TOP DOWN!
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