Last week price broke above 2 months high, but a bulltrap was completed when price fellw below 2 the months high again.
On h4 , a macd divergence was registered. suggesting that this structure might be topping out.
The ideal entry will be when a right shoulder is pumped to the 2 mth high level.
However , price is not obliged to do so, and shortist need to consider if price will continue down from here.
SL above the head.
On h4 , a macd divergence was registered. suggesting that this structure might be topping out.
The ideal entry will be when a right shoulder is pumped to the 2 mth high level.
However , price is not obliged to do so, and shortist need to consider if price will continue down from here.
SL above the head.