Fake Out./ Continuation of trend on the higher time frame.

2023년 2월 1일

Detail breakdown of previous analysis. When the 4 hour candle is rejecting the upside and closing back in the range wait for price to break and close below support on the lower time frames like the 5 or 15 min. Also wait for a solid resistance to form before executing the sell. At least wait for the 30min to close for strong confirmation that price has created a resistance.