1. Daily Timeframe we are still bearish price creating ''lower highs'' and ''lower lows'' with a nice engulfing candle at 50% fib level
2.IN h4 timeframe and h1 we see shift of momentum and a lot of reversal candlestick at 50% fib of daily ''lower high'' to ''lower low''
3.Price created like a double top and we finally broke the neckline. so we got into the short after price pullback to test the neckline and we have a wonderful risk to reward setup
Follow me for more updates
2.IN h4 timeframe and h1 we see shift of momentum and a lot of reversal candlestick at 50% fib of daily ''lower high'' to ''lower low''
3.Price created like a double top and we finally broke the neckline. so we got into the short after price pullback to test the neckline and we have a wonderful risk to reward setup
Follow me for more updates
