What do you see on this chart??
I see a potential short trade setting up:
I see a potential short trade setting up:
- MA Ribbon determines my trend
- PA determines my entry when it recycles into the Ribbon
- We have what looks like a bullish H4 engulfing but it is a dummy being sold to retail traders
- M30 & H1 Stox seem to suggest this is a pullback as PA dances into the DPV and retest the DOL
I will be waiting for break of 3669 (2nd Asian H4 candle before the head fake engulfing) and if I have HTF Stox support, I will be short this pair.
Please do your own personal research and analysis
Shalom
Low Risk Low Stress High Reward High Probability Trades