Hey peeps,
Looking for potential sells off this 1hr zone.
We first identified our current range on the 4hr. I moved 1 timeframe lower and from the picture above on the 1hr, the counter trend towards our POI is very clear.
Once price swept the counter trend high on the 1hr within that 4hr IPA, and left an IPA we draw our fib and take it off the 78.6 zone.
Hope this helps you on your journey and follow for more!
Looking for potential sells off this 1hr zone.
We first identified our current range on the 4hr. I moved 1 timeframe lower and from the picture above on the 1hr, the counter trend towards our POI is very clear.
Once price swept the counter trend high on the 1hr within that 4hr IPA, and left an IPA we draw our fib and take it off the 78.6 zone.
Hope this helps you on your journey and follow for more!